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Culture vs. compensation: employees shouldn’t have to choose

At Teamsters 987, we will always believe that compensating employees fairly should be a top priority for employers, but right up there among the list of top priorities should also be fostering a positive workplace culture.

Current studies have revealed that the new generation of workers prefer a positive environment over better pay, but employees shouldn’t have to choose between the two. In addition to compensating their workers fairly, it is an employers responsibility to motivate, empower, listen, and ultimately create a positive workplace culture that fosters belonging and makes employees feel valued.

While a positive workplace culture has obvious benefits for employees, the benefits to employers are multiple as well, the greatest being employee retention. Plain and simple, people stick around when they are being treated well, and high turnover rates can be extremely costly for a company. Therefore, it is in the employers best interest to put resources towards creating a culture that makes employees feel safe, valued and a sense of belonging. Here are 3 signs your employer is committed to fostering a positive culture.

They invest in engagement and morale initiatives

Whether it’s pizza Friday, holiday parties, birthday celebrations, charity competitions, mentorship programs, etc., employers should be actively looking for ways to engage with their employees and get them excited about what they do. Any kind of program or event that is not specifically work-related is a great indication that the employer values their employees and is committed to building a health company culture.

They welcome feedback

Each and every one of us has unique experiences and individual perspectives, and a good employer understands and values that. If your employer encourages open, honest dialogue and requests contribution from employees, that’s a clear sign that they respect those working on their team and value their contribution.

They encourage employee mingling

Building friendships at work has been proven to have significant benefits on people’s mental and physical health. Employers committed to building culture need to keep in mind the benefits of socializing on productivity and wellbeing in and out of the workplace, and should support employees in building relationships in the workplace.

Developing a strong company culture has countless benefits for both employers and employees. Having said that, a positive company culture shouldn’t be a ‘perk’, it should be standard practice. Employers have an obligation to people who work for them to build an environment that allows them to thrive. When a focus is put on developing a positive work culture, everyone wins.

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