Why Flexibility is Key to Employee Retention
Why Flexibility is Key to Employee Retention
This article presents 5 tips on how you can build a strong corporate culture within the trend of hybrid work that fosters a sense of belonging to your company.
The challenge of a hybrid work environment presents companies with the task of building and maintaining a strong corporate culture. With location-independent work, it becomes more difficult for us to foster a sense of connection and belonging to the company.
Studies have shown that companies that allow for flexibility have higher levels of employee engagement than those that do not. The trend towards a more flexible working world is likely to be unstoppable. We want to ask ourselves now how to retain employees in this new working environment.
These are five factors that will increase your employee retention in your company.
Allow for flexibility and encourage open communication
In your company, you should be willing to allow for flexibility and adapt to the changing needs of your employees. This may mean offering flexible working hours or home office and mobile working options.
Open communication is essential, especially in a hybrid working environment. You should encourage your employees to communicate openly and frequently and provide them with tools and platforms to do so.
Create shared goals and values and provide opportunities for social interaction
Shared goals and values are critical for a healthy working environment. Your goals and values should be communicated to all of your employees and aligned with your company’s overall mission and vision.
Social interaction is important to create a sense of connection and belonging among your employees. In your company, you can organize virtual happy hours, team-building activities, and other virtual or in-person events to foster social interaction and build relationships among employees.
Acknowledge and celebrate successes
Recognizing and celebrating successes is important to a strong corporate culture. Companies should recognize both individual and team achievements and acknowledge employees for their hard work and contributions.
A flourishing working environment is crucial for employee retention, motivation, and performance. If you adapt to the new needs of your employees and create a hybrid working environment, you can be more successful and achieve better results within your company.
Peter Grabuschnig
Trainer, Coach & MDI Partner
Peter is a partner and trainer at MDI, advising major international corporations on implementing hybrid work policies and building a hybrid work and leadership culture.
He is considered an expert in training design. With his Webinar Guru Framework he has developed a tool that helps to design training content for successful and activating virtual learning.