Why is company culture worth investing in?
At Indigo, we use mentoring as a tool to make culture a daily habit in your organisation, supporting employee wellbeing, improving team dynamics and turning your company into a community. But why is it all so important?
Companies with a robust culture have up to 72% higher employee engagement rates than those whose cultures need improvement.
Company culture is an increasingly valuable asset for any business hoping to attract, and retain, top talent. As younger generations begin to dominate the workforce, we’re seeing more and more that the environment in which they work is a top priority, rivalling even how much they get paid.
For businesses, company culture has become far more than just a popular buzz phrase or interesting angle for corporate responsibility. It’s become a deciding factor in how well they’re perceived by the workforce.
65% of UK employees state that they would like to feel a strong sense of belonging at work.
At Indigo, we believe that people work hard for their community, not a corporation. By building a community within your workforce, and encouraging them to work together towards achieving a shared sense of purpose, you’re creating an environment which your people are proud to work hard for, as well as making them more motivated to perform.
When teams work well together, both team performance and individual performance improves – and employees are more than 50% more effective.
Improving team dynamics within your organisation means:
- Encouraging positive and supportive working relationships within your team.
- Providing space and opportunities for your team to collaborate and learn from each other.
- Building a sense of community that inspires company loyalty and improved performance.
When your team is given the tools to work effectively together, this has a direct impact on individual productivity, team effectiveness and overall organisational performance.