What distinguishes a good corporate culture from a bad one in the eyes of employees?
Respect is far and away the biggest single factor indicating whether employees are Happy with their work culture according to a recent study conducted by the MIT Sloan Management Review.
The study analysed over a million reviews written by employees about their employers and discovered that companies where workers feel respected are far more likely to have a good culture.
Employees feel respected. Employees are treated with consideration, courtesy, and dignity, and their perspectives are taken seriously.
Supportive leaders. Leaders help employees do their work, respond to requests, accommodate employees’ individual needs, offer encouragement, and have their backs.
Leaders live core values. Leaders’ actions are consistent with the organization’s values.
Toxic managers. Leaders create a poisonous work environment and are described in extremely negative terms.
Unethical behavior. Managers and employees lack integrity and act in an unethical manner.
Benefits. Employees’ assessment of all employer-provided benefits.
Perks. Employees’ assessment of workplace amenities and perks.
Learning and development. Employees’ assessment of opportunities for formal and informal learning.
Job security. Perceived job security, including fear of layoffs, offshoring, and automation.
Reorganizations. How employees view reorganizations, including frequency and quality.
Weforum – Company culture is key to keeping the best people – here’s what employees value most
MITSloan- 10 Things Your Corporate Culture Needs to Get Right