How to Build and Improve Your Company Culture - Brink's Money
How to Build and Improve Your Company Culture
02 Jun 2022
Company culture is at the core of employee morale and guides how they go about interacting with not only others in the workplace but also with the work itself. When company culture is at its best, business can experience great success but when it’s low, the company can feel its detrimental effects. You might think that your workplace is doing just fine but in reality there is always room for improvement. How can you go about improving your company culture? Here are a few tips to help you out:
Focus on Employee Wellness
What is improving company culture without the employees? If your employees are not being taken care of then a solid business structure can’t happen. Your employees should feel as though their physical, mental, and emotional wellbeing is attended to. If you are in a management role, it’s important to make use of the resources you have available to focus on employee wellness. In the office, it’s beneficial to do your best to reduce stress factors and any negativity that might damper the work environment.
Reinforce Core Values
Every company has a set of values that are at the center of everyday operations. These values ultimately shape how people interact with others both within and outside the organization. There are cases in which company values are only addressed during onboarding and orientation but this does very little to help employees understand what they really mean and how important they are to the business. Instead, it’s recommended that team leaders not only communicate these ideas regularly but they also practice behaviors and attitudes associated with these values to better fulfill them in their everyday work.
Open Up Communication
In a business setting where open communication is not welcome, employees might feel reluctant to bring up problems or concerns. A tense environment where no one feels comfortable speaking their mind is the last thing any business wants. Lack of communication can make for a disengaged and hostile team. A few ways to help foster open communication are:
Making yourself available to coworkers and employees
Encouraging collaboration across departments
Scheduling regular one-on-ones with your employees
Taking in and reviewing feedback
Schedule Team Bonding
Like most things, there are different types of team cultures you can strive to build. As a result, depending on the culture you desire, team building can be an effective course of action to take. Through team building activities, you can foster communication outside of the office and encourage your employees to get to know each other on a more personal level. Team building can help give your employees a break from work all while investing in each other and bonding. Ultimately, getting along outside of the business can also help more effective collaboration at work.
Along with open communication, there are several factors that influence employee satisfaction. One of the most important factors is the ability to trust management. Having trust in your supervisors is something that doesn’t always come so easy. If you’re looking to fix some of those trust issues on your team, have you thought about the importance of embracing transparency? Being transparent about your personal matters is completely up to you, but in this case it means making it a point to have top-down communication and making your employees aware of company updates. This type of transparency can be accomplished through company-wide emails and town hall meetings to get everyone together.
Encourage Employee Recognition
According to a few experts, one of the biggest factors driving employee engagement and satisfaction is recognition. Who can say that being recognized for your hard work doesn’t feel good? Recognition doesn’t always have to be monetary, although a little bonus wouldn’t hurt anybody, but it can also be as simple as giving your employees a shoutout on social media. Whether you are recognizing them for their exceptional work or a birthday, a simple shoutout can go a long way in making people feel valued.
An exemplary company culture is hard to come across and it will always be in a work in progress. When working towards improving yours, it’s important to remember that there is no right way to go about correcting it. Every company is made up of different people, values, and methods of operation so finding what works best for you will require some time and effort. Gathering feedback from your employees is a great way to start.
Interested in implementing a solution with benefits to help retain your best employees? The Brink’s Money Paycard will give employees without access to traditional banking a way to receive a direct deposit and help them become a part of the digital economy. Help out your employees with paperless payroll by enrolling in Brink’s Money Paycard today.
More from our insights library:
Tips for Your First Credit Card
Every year, more and more Americans are being introduced to the world of credit by opening up their first credit card. Signing up for a credit card is a step in the right direction towards building a strong financial foundation as long as you use it responsibly. Luckily, we have some tips to get you started.
Marketing Tips for Your Small Business
Starting your own business requires a great deal of work and effort. When you sit down to outline your responsibilities and what needs to get done, it’s important that you dedicate time and resources towards your marketing strategy. Marketing will not only help you establish a brand but it will also be the driving force behind generating more leads for business. Read on for more on how to effectively market your small business.
Ways to Improve Your Financial Anxiety
In the face of rising inflation, your finances can sometimes be the source of great stress. Although it may seem difficult to do, your financial anxiety should not hinder your mental wellbeing. Here are a few tips we have gathered to help you improve your financial anxiety.