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Disengaged employees’ high cost: Why culture matters more than ever
- Company culture has become a crucial factor affecting productivity, retention, and growth in organizations.
- A report by Dayforce emphasized the importance of aligning company culture with employee experiences for positive outcomes.
- There are significant disparities in how employees at different levels perceive their organization's culture.
- Improving culture can lead to increased employee engagement, better mental health, and higher motivation.
- Dayforce's Workplace Culture Index categorizes employees as promoters, passives, or detractors based on their engagement.
- Culture promoters are more likely to stay for growth opportunities and feel comfortable sharing opinions at work.
- Disengaged employees can impact morale, productivity, and engagement if business strategy and culture are misaligned.
- Career growth plays a significant role in retaining employees, especially in the Asia-Pacific region.
- Organizations can bridge cultural gaps by investing in learning opportunities, clear career paths, communication, onboarding processes, and efficiency tools.
- Investing in the right technology can strengthen organizational culture and create more culture promoters.
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