Facts About Great
Places To Work
What do great workplaces do that set them apart from the average?
How do they create cultures which attract and retain talent, that is
committed to helping deliver the organisation’s goals?
We spoke to the research, consulting & training
agency, Great Place To Work, about common themes
in great workplaces.
reat workplaces are built on trust which drives
G
engagement. Best Workplaces™ have trust levels of
86% compared to just 55% at the average workplace.
How does this impact engagement? 82% of employees
in Best Workplaces™ say they want to stay with their
employer for a long time, compared to just 57% of
employees at average workplaces.
Culture is an organisation’s greatest sustainable
competitive advantage; many Best Workplaces™
say their success is because of it. 89% of employees
at Best Workplaces™ say they have a great culture
compared to only 52% at the average organisation.
Research 1 shows a direct link between organisational
culture and financial performance.
The relationship an employee has with their
manager is critical; great workplaces tend to have
better managers. A staggering 90% of employees at
Best Workplaces™ say they trust their line manager
compared to just 59% in the average organisation.
Being recognised and thanked for what you
do is a key motivator. 84% of employees at Best
Workplaces™ say management shows appreciation for
good work and extra effort, compared to just 49% at
the average organisation. At Hilton, they hold a ‘Team
Member Appreciation Week’ every year which kicks off
with an email from the President and CEO thanking
everyone for what they do, with lots of competitions,
treats and events. But showing appreciation doesn’t
have to cost – it is often too easy to overlook those two
simple words – ‘Thank You’.
ork/life balance continues to grow in
W
importance. 89% of employees in our Best
Workplaces™ say they are encouraged to balance their
work and personal lives, compared to only 48% of
employees at the average workplace.
More employers recognise the impact of finance
on people’s wellbeing. Support ranges from the
basics such as pensions and health plans to more
personalised and innovative schemes including debt
advice, cheap loans that have a small savings element
built into the repayments and financial support for
working carers.
Camaraderie at work is more important than
you might think. People who enjoy working together
are more likely to be collaborative and innovative.
KFC have regular Yammer campaigns such as ‘Selfie
Saturday’ and ‘Epic Weekender’ where employees
share what they are up to during the weekend and
photos of their family and friends. This enriches the
‘family feel’ and helps people get to know each other
better.
Guiso, Luigi and Sapienza, Paola and Zingales, Luigi, The Value of
Corporate Culure, September 2013
1
04 | www.incentiveandmotivation.com