Companies are thriving when work is working.
Thriving organizations have employees who clearly understand the expectations for performance, as well as plenty of growth opportunities for themselves. Therefore, employees feel aligned with the trajectory of their employer. Employees also feel connected to each other and their leaders, as well as appreciated for their contributions to the company. So, employees feel inspired to be their best.
How do they do it? Thriving companies instill meaning through building a strong culture, demonstrating leadership involvement, and offering meaningful benefits and perks. As a result, these companies experience high retention and low employee replacement costs, relative ease attracting top talent, high productivity and employee engagement, and a healthy ROI on HR programming.
And it pays off: Employees at these companies feel aligned with each other, with leadership, and with company values. They collaborate and communicate seamlessly across branches, departments, and age groups. Employees enjoy frequent feedback on their work from both leaders and colleagues and feel appreciated and recognized for their work. They feel equipped to excel in their work because of effective tools and processes. And overall, there is a positive perception of leadership.
In conclusion: These happy, productive employees show up to work more often and are more productive than their less happy, less productive peers. Their employers reap the benefits by enjoying lower turnover costs, higher customer satisfaction scores, and higher revenue.