Looking to hire? First build a positive Workplace Culture

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As workplace culture continues to evolve while we slowly resurface, it’s easy to blame the pandemic for this disruption. Add the “great resignation” or whatever it’s called now, and we have plenty of excuses.

If you’re a business that has tried to recruit someone over the past several months, you are undoubtedly familiar with how difficult it is to find top talent.

According to the ABS, in May 2020, 6.5% of businesses reported at least one vacancy. By February 2022, this was the case for 23.5% of businesses. Unemployment is at 4%, the lowest rate since 2008. So it’s a challenge to find top talent in a tightly competitive market.

A survey by Glassdoor tells us that 77% of respondents said they would consider an organisation’s culture before applying for a job, and 70% said they wouldn’t bother applying for a position if they felt the company’s values didn’t align with their own.

Given this, perhaps it’s a good time for organisations to critically look at their workplace culture and make sure their house is in order first. And ensure company culture is not contributing to their hiring and retention woes and costs.

So, what is the culture in a workplace? 

Great question. There are many definitions varying from the look and feel of the work environment to whether the business provides ping pong tables and fresh fruit for staff every day.

Workplace culture examples in action might be, should we speak up and tell the boss that the latest sales strategy will result in a train wreck. Or should we keep our mouths shut in fear of being “decapitated” for suggesting such a thing? If we make a mistake, is it considered the “end of the world” or a learning opportunity?

A fish rots from the head down, and so it is with workplace culture. When your workplace culture isn’t prioritised by leadership, it’s reflected in each employee’s:

  • performance,
  • productivity, and
  • retention.

 Are you playing to win or playing not to lose?

Many businesses tend to look only at the monthly profit and loss as indicators of success. But it’s equally important to focus on your employees and how they experience working in your company.

Caring about your customers and their experience with your business is a waste of time if you don’t care about your employee’s experience. Employee experience is directly linked to customer experience.

A well-designed employee journey allows your people to understand their value to your organisation. Your employees feel cared for and are set up for success during their employment.

If your company hasn’t conducted a culture audit in the last two years, it’s a good exercise to undertake. Culture audits can vary, although they can be as simple as asking employees what’s going well and what’s not. An audit can involve using some of the great software tools in the market that help analyse this.

Sounds expensive! How much does organisation culture change ‘cost’?

Organisation culture doesn’t usually have a line item in the P&L, so it’s not tracked or measured. Any activities that lead to a positive workplace culture tend to pay for themselves.

The benefits of a workplace culture that supports its employees can mean:

  • a higher rate of retention,
  • lower recruitment and re-recruitment costs,
  • diversity happens more organically, and
  • productivity goes up.

Any increase in productivity goes straight to your bottom line.

No time like the present

A business is more likely to benefit when its culture focuses on the way employees view the company. And with significant change more recently in employee views and preferences, workplace culture may need to change.

There isn’t any “one-size-fits-all” culture that makes every employee happy and productive. But paying attention to what is achievable will pay off “bigly” for your employees and business.

Risky recruitment

Attracting the right talent, the best fit for the job and your organisation’s unique culture can be very risky. There’s lots to consider. For example, you need to determine whether your potential new hires, managers, and team can work together. And work together from various locations.

To do this requires deep knowledge of their personalities, strengths, weaknesses, interests, work styles, competencies, and abilities. Our next-gen technology and solutions will do this work for you.

Why not make contact and learn more about our psychometric assessments so you can make an informed decision?

Motivation – how to measure this attribute in a reliable way

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Motivation is the key to performance and success. The past two years have caused many workers around the globe to re-evaluate what’s really important to them. 

Maintaining productivity while working flexibly from home has prompted a massive shift in employees’ thinking. The Great Resignation is evidence of this reset.

Organisations have quickly adapted to the increased complexity of almost half of all workers now working remotely in some capacity. Employees have reported challenges with not being able to “unplug”, communicate, and generally stay motivated.

While organisations have implemented guidelines to manage boundaries and new apps to address communication, motivating employees from a distance is a different kettle of fish!

Motivation, engagement, or drive?

Ask anyone who set and achieved a personal goal what helped them achieve it, and they will usually say something such as I just “wanted” it. This situation describes motivation.

It doesn’t matter what you call it – engagement, drive, motivation, dedication or enthusiasm. The challenge for businesses has always been maintaining motivation in their team.

Studies tell us that motivated and engaged employees are more productive, innovative and creative than disengaged team members.

One Emerald Group study concluded that “motivation is the main force through which individuals allocate effort to generate and implement innovative ideas”.  

Two main types of Motivation

Intrinsic and extrinsic (think internal and external) are the two main types of motivation. Rochester University describes them as follows:

 

Intrinsic motivation involves performing a task because it’s personally rewarding to you.

Extrinsic motivation involves completing a task or exhibiting a behaviour because of external causes such as avoiding punishment or receiving a reward.

 

 

Examples of extrinsic motivation are increased salary, a bonus, a company car, or a promotion. These rewards are external and separate from the job itself.

On the other hand, intrinsic motivation refers to factors that come from within a person. Intrinsic motivation is about behaviours driven by sheer enjoyment and wanting to do well at your job. 

Of course, sometimes intrinsic and extrinsic motivation go hand in hand to help you complete a project or task.

Intrinsic and Extrinsic Motivation at work

Giving positive feedback at work is highly motivational. We all like to know we are doing well. And that our contribution is appreciated by others. However, it’s vital that your positive feedback should be specific. And in addition, it helps your team members understand your standards and expectations.

You may also wish to use extrinsic motivation as a manager or leader. In this case, it’s important to offer rewards strategically. For example, giving a reward to your sales team to increase the ranging of a product with their clients may focus your team’s efforts solely on ranging. Perhaps with a result to the detriment of sales.

Business benefits

The 2021 Employee Experience Survey, conducted by Willis Towers Watson, discovered that 92% of employers worldwide said the employee experience would be a priority over the next three years.

Gallup researchers studied the differences in performance between engaged and actively disengaged work units. They found that those scoring in the top half on employee engagement nearly doubled their odds of success compared with those in the bottom half.

In fact, across a range of areas, work units in the top quartile in employee engagement outperformed bottom-quartile work units by:

  • 10% on customer ratings,
  • 22% in profitability,
  • 21% in productivity.

How do you quantify Motivation?

These numbers speak for themselves- and most CEOs and CPOs would be delighted to achieve these levels in their business. But given the complexity that HR teams and leaders are navigating, how can they quantify and qualify a diverse group of employees to understand their motivational drivers truly?

Quantifying and qualifying motivational drivers is where we come in. Great People Inside has released six new dimensions in its psychometric assessments, two of which are:

  • Internal Motivation
  • External motivation

You can easily make sense of the data, and benchmarking key motivational drivers for your business can also be performed.  

This scientific information helps organisations pinpoint the relevant motivational approaches in their psychometric testing across the board – for Individuals, business units, and teams in any department anywhere in the world.

Like some more information?

We’d be happy to help your organisation better understand its employees through internal and external motivation evaluations. Reach out by email or phone on +61 2 8850 6520 to find out more.