There’s no better time to turn a new leaf and implement some major changes than the beginning of a new year. And your New Year’s resolution for 2018 should be creating and improving your company culture that will enhance your employees’ satisfaction and contribute to your success. Developing a strong company culture that focuses on your employees’ needs will make your team feel valued, which will eventually lead to better employee relationships, increase employee retention and help you get the best talent there is. Since the year 2018 is just around the corner, there is no time to waste, so make sure to start implementing these tips and improving your company culture as soon as possible.
Introduce employee perks
From free snacks in the break room to gym classes and massage sessions, offering certain perks to your employees can really boost their productivity and general job satisfaction. If you’re on a limited budget, you can introduce some simple perks at first, for example, company happy hour every once in a while, parties for employees, free snacks and drinks and so one. Later on, you can offer them some major benefits, such as gym memberships, corporate healthcare, etc.
Provide regular feedback
As the dominating labour force on the job market, Millennials have brought many changes to the modern office and more and more companies are adjusting to their expectations. Regular, real-time feedback is one of those expectations that you should implement in your company policy. While older generations used to get annual reports concerning their job performance, the Millennial generation appreciates regular feedback through an open and ongoing communication with their employers. Clear, honest and helpful feedback can really boost your employees’ job performance and help you solve possible problems as soon as they occur.
Flexibility at the workplace is one of the most important values of the modern employment. Not only can a flexible workplace enhance job performance, but it can also reduce employee turnover. You can introduce the policy of flexibility in a variety of ways, including flexible working hours, possibilities for working from home, enabling parents to step out when they need to and so on. Insisting on a strict schedule without any possibility for adjustment to your employees’ needs can result in your workers leaving your company in pursuit of better opportunities.
Cultivate interpersonal relationships
Strong co-worker relationships can not only make the workplace more pleasant, but it can also contribute to better engagement and improved satisfaction. Thus, you should aim at creating a positive work environment that will encourage employee interaction and open communication. You can create a lounge area where your employees can socialise and get to know each other, organise company picnics and implement different team-building techniques. By building strong teams in your company, you’ll be able to establish a system of support for your employees, as well as strengthen your company resilience.
Meet the needs of your female employees
Creating a workplace that will be suitable for the women in the office is of the utmost importance. You can create a private space for new mothers and organise events that will appeal to your female employees. Women in the office need to feel comfortable and valued, so it’s important that you implement some practical solutions instead of just promoting gender equality in theory.
Resolve conflicts efficiently
It’s not unusual for conflicts to arise every once in a while, especially in an environment of strong-minded people. While you cannot completely eliminate conflicts from your work environment, you can resolve them in an efficient and timely manner. You should always address issues openly and honestly as soon as they occur. You should also see these temporary obstacles as opportunities for learning and change.
Think about the future of your employees
Although salary is no longer the sole factor that will ensure your employees’ work satisfaction, they still need to know that they will have financial stability in the future. Thus, creating a solid retirement plan for your workers is another important aspect that can reduce employee turnover. You should evaluate your financial situation regularly and calculate different age pension rates to see what you can do to provide your employees with future financial stability. It’s important that your financial plan fits your company budget, as well as meets your employees’ needs, so make sure to conduct regular financial evaluations.
Acknowledge contributions and good performance
There’s nothing more discouraging for an employee than their employer not noticing or appreciating their hard work and diligence. Without appreciating the effort of your employees, you risk losing their interest and engagement, which will lead to poor job performance and satisfaction. Thus, it’s important that you develop a reward system for great job performance. From monetary bonuses and paid days off to gift cards, free dinners in restaurants and gift baskets, there’s plenty of ways to show that you recognize an employee’s hard work. This can work as a great incentive for other workers who can put in more effort and improve their performance.
Give your employees autonomy
A great leader knows when to step aside and let their employees take on more responsibilities. By entrusting your workers with more demanding tasks and letting them make their own decisions, you’ll show that you trust them and that they are an important part of your team. If you keep micromanaging them all the time and don’t provide any challenges, you can send the message that you don’t trust their abilities, which can be truly discouraging. In addition, if you give more autonomy to your employees, you’ll benefit, as well, because you’ll be provided with more creative solutions and ideas.
A powerful company culture will help you stand out on the job market and create a work environment that everyone will want to be a part of.