Source: Winning employees’ hearts and minds, IBM
How important are employees’ personal experiences at the work place to productivity? What should organizations do to design better experiences for their employees? Why should they invest in such design initiatives?
This topic was modified 8 months, 1 week ago by Kiran.
More and more research is suggesting that positive cultures in organizations benefit productivity and that high pressure cultures induce stress and lead to a definite loss in productivity. An article in the Harvard Business Review says that negative work cultures lead to two major fallout.
The first is higher healthcare expenditure linked to workplace stress which is 50% higher in high pressure organizations. This stress is also linked to the existence and enforcement of ranks and hierarchies in the organizations.
The second is disengagement. Cut throat environments and a fear based culture leads to employees becoming disengaged. This in turn leads to incurring all the costs associated with disengagement. According to studies by the Queens Schools of Business and Gallup Organization, disengaged workers exhibited 37% higher absenteeism, 49% more accidents, and 60% more errors and defects. In organizations with low employee engagement scores, they experienced 18% lower productivity, 16% lower profitability, 37% lower job growth, and 65% lower share price over time. However, businesses with highly engaged employees enjoyed 100% more job applications.
This is truly a challenge which has been swept under the carpet. Time HR Managers took cognisance and addressed it with tough resolute.
Cultural bias also steeps in; I do not know of any tool that measures candidate upbringing, localities and mapping of the same to candidate mindset to undwerstand the cultural mindset better. In today’s world, a person may not be having the ‘English culture’ inspite in living in London if the localities are dense with a single ethnicity(and non-English, to be specified for this case).
Time to ring the bell, folks!
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