The Key Takeaways from the Latest OC Tanner Global Culture Report
The latest OC Tanner Global Culture Report has revealed some interesting insights about the state of work culture around the world. The report surveyed more than 20,000 employees across 22 countries, providing valuable information for employers looking to improve their company culture. Here are some key takeaways from the latest report:
Employee Recognition is Crucial
The report shows that recognition is an essential part of a positive workplace culture. Employees who receive regular recognition for their work are more engaged and motivated. The report found that 86% of employees who receive regular recognition for their work feel happy with their job. In contrast, only 50% of those who do not receive recognition feel the same way.
This confirms the importance of creating a recognition culture in the workplace. It also highlights the need for employers to develop programs that recognize and reward employee performance. Companies can recognize employees through formal channels such as personalized awards or through informal channels such as a simple “thank you” or “great job.”
Remote Work is Here to Stay
The report also states that remote work has become a significant part of work culture. With the COVID-19 pandemic, many companies have shifted to remote working, and the report suggests that remote work is here to stay. According to the report, 32% of workers surveyed stated that they will continue working remotely in the long term, even after the pandemic ends.
This trend calls for employers to establish policies and procedures that support remote work. Companies should remove barriers that prevent remote workers from being productive, such as a lack of access to technology. Moreover, organizations should develop communication strategies that enable remote workers to stay connected to the company culture and remain engaged with their work.
Workplace Flexibility is a Necessity
The report indicates that workplace flexibility is a crucial factor for an engaged and satisfied workforce. Employees who can make choices regarding their work schedule and workload are more likely to be happy with their job than those with strict work schedules. Moreover, employees with workplace flexibility are more likely to stay with their current employer.
This trend highlights the importance of companies offering flexible work arrangements, such as the ability to work from home or flexible hours. Furthermore, employers must establish clear guidelines for the type and degree of flexibility they offer to their employees. Organizations that offer flexibility to their employees must also provide them with the tools and technology they need to work effectively.
Conclusion
The latest OC Tanner Global Culture Report has revealed many valuable insights that can help organizations improve their company culture. Companies that establish recognition programs, support remote work, and implement workplace flexibility are more likely to create a positive work environment with engaged employees. By implementing these strategies, companies can create a culture that fosters an engaged and committed workforce, leading to a higher level of business success and profitability.
