When it comes to understanding the importance of creating a positive workplace environment, numbers speak louder than words.
Did you know that…
- The average British worker will spend 84,171 hours at work during the course of their career (Association of Accounting Technicians).
- High-engagement company cultures see 21% higher profitability (Gallup)
- Around 75% of employees regularly suffer from work-related stress (Perkbox)
- Employee engagement drives a 17% increase in productivity and a 41% decrease in absenteeism
Put simply, companies in 2021 simply cannot afford not to invest into establishing a positive working environment and company culture. But it can be difficult to measure exactly how well your company is doing in reaching these goals, which is why it helps to have some signposts to follow.
Consider the Aesthetics
Creating a workplace environment that is aesthetically pleasing, intelligently laid out and designed for comfort and collaboration is a great starting point. Making the effort to ensure employees are physically comfortable will go a long way. This also extends to the remote working space. Support those employees working from home by investing in ergonomic chairs or laptop stands to avoid neck strain and minimise the risk of musculoskeletal issues – one of the biggest causes of workplace absenteeism.
When it comes to employees who choose to work in the office, support them by investing in features to establish a welcoming workplace. This might be a breakaway area with comfy sofas, scatter cushions, a barista-quality coffee machine and games tables where they can let off steam whilst embracing the team spirit. It could also mean setting up the space with quiet pods for those who prefer the overall atmosphere of an office but work most effectively in their own private space. Above all, speak to your team and ask them what they would value the most.
Effective Time Management
One way to begin is to look at how your business approaches time management. Poorly organised systems can lead to employee frustration as even the simplest of tasks take longer than they should and work weeks come to an end without any major achievements. When individuals feel that they are not using their time productively, this leads to a demotivated atmosphere and a workforce who do not feel valued.
As one key example, meetings are an inevitable part of most workplace calendars. However, employers must operate effective communication and delegation to ensure that every meeting has a clear agenda, timeframe and desired outcome. Research shows that nearly three-quarters of meetings (67%) end up being failures and employees waste valuable time both preparing and attending meetings without any tangible positive outcomes.
Prioritise the Work-Life Balance
Employers also need to think about their teams beyond the structures of the workplace. Supporting individuals to establish a healthy work-life balance has never been so important. The next generation of workers prioritise their downtime and have extremely high standards from the companies that they work for. They also have a higher frequency of job changes than previous generations which makes retention that much more of a challenge. Respond to individual and team needs with your employee benefits package and wider workplace culture.
Research from the Centre for Talent Innovation shows that company events focused on teamwork are ideal for encouraging a collective spirit and sense of belonging. They are a way to bring people from across the organisation together in a fun, relaxed way. Always make sure to consider every employee in your planning. Some will feel more naturally comfortable in a team environment while others may prefer events based on a smaller group or even one-to-one interaction.
Creative activities such as art classes are a great way to appeal to all as they can be enjoyed equally on an individual basis and in a group. They are also effective for making an investment into employee wellbeing. With any event that you organise, make sure to gather employee feedback to inform your future planning and position events for best success. Having something to look forward to in the office calendar is invaluable for employee wellbeing.
When you make the effort to create a positive workplace culture, you will be reward with happier, more satisfied, and more productive employees along with higher retention rates and increased company profitability. Happier employees also mean healthier employees, leading to reduced work-related stress and anxiety and improved absence levels.
Reward Hard Work
A rewards program is one of the most straightforward ways to actively demonstrate your appreciation for those employees that work hard. There are plenty of creative ways to show your appreciation and go that extra mile to demonstrate gratitude, in the same way that your employees have gone that extra mile to really exceed targets. A free lunch for your team where the celebrated employee chooses their favourite dishes, festival or sporting events tickets, extreme adventure days or even a Friday afternoon off are likely to be far more memorable than a more standard reward. These are great talking points, too, where your team will come together to have fun and relax, fostering stronger workplace relationships within a supportive culture and a collective appreciation of your efforts.
Establish Supportive Benefits
In the same way that your rewards program should be something to think about beyond the standard offering, your employee benefits package should also act as tool to support employees in the ways that are most important to them. This means working out both the most pressing needs and wildest dreams of every individual in order to provide benefits that maximise the chances of them hitting their goals.
Depending on size, demographics and layout, this journey will look very different for every business but our team have experience creating bespoke benefits packages for a diverse range of companies. For advice and support with creating a tailored package for your team to optimise engagement and enhance a positive working environment, contact our specialists today.
The information contained within this communication does not constitute financial advice and is provided for general information purposes only. No warranty, whether express or implied is given in relation to such information. TR Wealth shall not be liable for any technical, editorial, typographical or other errors or omissions within the content of this communication.