02 Jun 2023

5 Future-Oriented Workplace Culture Trends For Business Success

An organization's workplace culture defines its values, beliefs, and business objectives. Employees need a positive and supportive work culture to propel the business on its success path. 

Earlier, designing a work culture framework was a task for the leaders and HR. 

  • Typically, a CEO demands the Human Resources (HR) department to determine an effective company culture. 
  • The HR is responsible for listing the mission and core values that align with the CEO and senior management’s specifications.
  •  Sometimes, HR may include some employees and create an annual employee engagement survey. 
  • The reports are sent to the CEO and are approved to develop culture-building to-do lists. Once that’s done, the CEO and HR move on to other priorities. 

However, this approach is now obsolete. An SHRM survey shows that 90% of employees who feel their workplace culture is poor think about quitting. Work disruption has changed the way leaders interact with employees. Employers have realized that creating workplace culture shouldn’t be a compartmentalized task. Rather, company culture must be curated to support and empower employees to reach their full potential.

Stay Ahead Of The Curve: 2023 Positive Workplace Culture Trends

1. Create A Company Culture That Ignites Passion 

According to a Gallup global study, more than 60% of the workforce is emotionally detached at work. Businesses with more engaged employees can outperform their competitors. When organizations expect high performance, they need to inculcate a high-performance company culture. Employees need to know the expected behaviors and these can be detailed in company culture policies. Employees feel involved and connected when they understand what is expected of them. One of the effective ways to increase employee engagement is to improve workplace culture

2. Revitalise Workplace With A Flexible Working Model

A positive workplace culture will ensure that employees and leaders share attitudes, behaviors, and values that define business success. A global workforce report shows that 76.07% of employees in India want a flexible working model that allows them to control their work schedules. To make the employees feel connected, employees need to trust them first. Introducing a flexible workplace culture allows employees to prioritize their work in a better way. It helps them to achieve better work-life balance and be more vocal about their needs. Getting feedback from employees will help employers avoid a toxic workplace culture, especially when employees are coming back to the office after years of working exclusively from home.

3. Prioritise Psychological Safety For A Resilient Workforce

Trust, purpose, courage, and engagement are positive emotions for a healthy workplace. Employees feel safe and valued at work if their employers are empathetic. In a survey by Indeed, 47% of Indian leaders believe that ensuring psychological safety at work improves employee engagement and retention. Psychological safety reinforces positive emotions and provides a safe space to discuss negative emotions. Employees and leaders need to interact with empathy to manage negative emotions, which are inevitable in any organization. 

As companies globally must prepare to meet challenges due to worker shortage, attrition, pressure from the competition, the necessity to innovate, and the promotion of remote work culture, promoting psychological safety at work will help businesses achieve agility, resilience, and innovation. 

4. Invest In Employee Development To Drive Success

51% of employees in India are dissatisfied that their employer is not offering technical or digital training to upgrade their careers. Companies must invest in employee training and development to adopt cutting-edge technologies. It will help them learn new skills, increase their productivity and boost employee engagement. Top talents show interest in companies that invest in employee careers. Also, focusing on employee learning and development programs will help employees maximize their potential and contribute more toward business success. 

5. Boost Company Morale With Customised Employee Benefits

Offering supportive employee benefits will improve workplace culture, and leaders know it. However, the value these benefits provide to the employees depends on how useful those benefits are in meeting individual needs. Gartner reports show that companies that deliver on Employee Value Proposition (EVP) can reduce employee turnover by 70%. Organizations must offer benefits that support the employees at the workplace and beyond. Employees will love to work for companies that care for their personal, mental, psychological, and financial health.

Key takeaways

Company leaders now focus on inclusive workplace culture to support employees from different backgrounds and capabilities. Workplace culture should reinforce that the employers support the workforce to reach their maximum potential as individuals and as a team. This is possible if the leaders display actionable steps to listen to employees and fulfill their needs. Companies that understand the importance of workplace culture should abolish biases and encourage equality and diversity in the workplace.

Find new possibilities for creating a positive workplace culture with Batik

Batik empowers employees to create a benefits package for their employees that meets their unique needs and provides them with the support they need in the workplace or beyond. With Batik, employers can offer their employees benefits ranging from healthcare to regular savings with a process that’s quick, simple, and easy to navigate.

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