Is Your Workplace Culture Toxic?
Did you know about 1 in 4 employees dread going to work due to their company’s culture? Or that over the past 5 years, the cost of turnover due to workplace culture exceeded $223 billion dollars? And did you know that a toxic workplace culture can cause employees to be irritable outside of the workplace as well? In a recent article from SHRM.org titled The High Cost of a Toxic Workplace Culture, they discuss how recent research shows that a toxic workplace culture can impact an employee’s engagement, productivity, and even their health and wellness.
A great way to build a strong business culture and engage your employees is with coaching. SHRM.org shares some great tips on How to Build a Coaching Culture to get you started. An organization’s managers and supervisors are key drivers of organizational culture, which influences everyone in the workplace. The benefit of strong cultures, of course, is that the people who operate within them tend to be engaged and motivated to put forth discretionary effort—which in turn creates better products and service, stronger customer loyalty, and a healthier bottom line.