The company work culture is important because it helps in business, in employee matters and overall, the work culture makes the working place and people happy.
1. Company work culture helps in forming company’s identity:
It is not sales’ figures or profits that define a company but its work culture.
The work culture is the DNA of the company and helps in creating a unique identity for the company, something that belongs only to the company.
2. Absence of work culture creates havoc:
If the company does not have a good work culture, it means there is an unhealthy practice going around.
It makes the employees selfish, does not encourage team work, thereby there is complete absence of team spirit, resulting in low productivity and lot of negativity, which will eventually affect the business and the future of the company.
3. A good work culture helps in employee retention:
A positive culture in the company means it values its employees and respects their contribution. This helps in creating a positive workplace for the employees where they feel acknowledged and valued and hence work happily.
It thus helps in employee retention and it not only earns the company loyal employees but also cuts down costs spent in recruiting new employees.
4. It helps build company’s reputation:
It also helps in adding to the customer base of the company and thereby raising the finances, because customers like to buy products from reputed companies because of the faith that they follow fair practices in working and manufacturing.
5. Good work culture ensures high productivity:
A positive work culture enhances the morale of the employees, which makes them put their best at work.