A critical part of corporate culture, company values can help with retention of valued employees and make the workplace (digital or physical) a healthier, happier place. But if the only people who understand a company's values are its executive leadership, what’s the point? If no one on the floor knows what those values are, how do they matter? Here are some ways to ensure that company values trickle down through the whole organization.
After posting a new position description far and wide, a company often gets hundreds of applications within just a few days. With a mound of resumes to sift through, the hiring manager might worry that by the time they discover the best, most qualified fit, that job seeker may have already moved on to a different opportunity. By the looks of it, recruitment and employee retention won't get easier any time soon. But following these three strategic steps will help organizations hire for retention better and faster than ever before.
Researchers have found that companies with a more diverse workforce and leadership team are overall more profitable than their peers that lack such diversity. Many factors lead to this growth in revenue. Notably, today’s applicants want to work in strong company cultures that value people and how employees contribute to a company’s success. This interest drives top talent to companies with well-developed inclusive cultures and improves retention among current staff. An engaged workforce tends to be more productive-and higher productivity generally means higher profitability. How have these organizations created such engaging and impactful DEI programs? All successful DEI efforts include a few critical elements.