By Victor Assad, Managing Partner of InnovationOne, LLC Employees who work in organizations with a positive culture are overwhelmingly more satisfied at work and are consistently more committed to their organizations. That was the conclusion of a recent workplace culture study by the Society of Human Resources (SHRM) of 15 countries. And SHRM’s work [...]
After two years of burnout from Covid-19, Gen Z employees have begun to set boundaries, focus on a life outside of work, and have a better work-life balance. They call it “quiet quitting.” Their viewpoint also comes with less enthusiasm for work, doing just enough to get by, and not voluntarily offering to do [...]
Only 12 percent of HR respondents have a regular cultural assessment strategy for assuring their workplace culture stays on track, according to a 2021 Talent Management State of the Industry survey. This result is extraordinary because having a toxic work culture is ten times more likely than low pay to cause employee turnover. What then [...]
There is long-standing empirical research demonstrating how corporate culture improves organizational innovation, productivity, and profit. Now, evidence is emerging that healthy organizational cultures are also the best way to beat the Great Resignation. Two weeks ago, MIT researchers uncovered that toxic organization cultures drive employee turnover 10 times more than pay. This is startling [...]
