The Statistics Tell the Story

How is the health of your Workplace Culture?

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My entire life, I have been a part of cultures. Most of these cultures were all about wins and losses and, thus, not the healthiest. Getting into the corporate world, I began to see how similar the cultures actually were. As I researched and studied these and other cultures, a pattern emerged.

Most businesses consist of providing a product or service. The people within that culture are brought in because they have work or personal experience that allows them to support the business. The issue is that few know how to build a strong and healthy culture; some don’t know how to contribute to a healthy culture. And others prefer to live in an unhealthy culture because it is easier to follow the crowd.

I decided to do some research based on what we see here at I Got Mind when we work with workplaces, and I must warn you some of what is below is happening within your culture. The good news is cultures can be redefined and developed. If you identify any of the issues below in your culture, click the button at the bottom of the page to learn more about how we can help you develop a culture that addresses the issues within the statistics below. 

Why Workplace Culture Has Become Important

  1. Employee Engagement:
  • Companies with engaged employees outperform those without by up to 202%. (Gallup)
  • Highly engaged teams are 21% more profitable. (Gallup)
  • 85% of employees are not engaged or actively disengaged at work. (Gallup)

A healthy work culture is essential for the well-being and productivity of employees and the overall success of an organization. Here are some statistics and key indicators associated with a healthy work culture:

  1. Communication and Transparency:
  • 69% of employees say they would work harder if they felt their efforts were better recognized. (Globoforce)
  • 82% of employees believe that they would be more loyal if their company was more transparent. (American Psychological Association)
  1. Work-Life Balance:
  • 66% of employees say work interferes with their personal life. (American Psychological Association)
  • Companies that promote work-life balance have a 25% lower turnover rate. (The Corporate Executive Board)
  1. Diversity and Inclusion:
  • Companies with diverse executive boards are 33% more likely to outperform their peers. (McKinsey & Company)
  • 67% of job seekers consider diversity an important factor when evaluating job offers. (Glassdoor)
  1. Employee Well-being:
  • 61% of employees say their overall well-being significantly impacts their performance at work. (Virgin Pulse)
  • 76% of employees say they have struggled with their mental health at some point. (Morneau Shepell)
  1. Leadership and Management:
  • 75% of employees voluntarily leave their jobs because of their bosses, not the position itself. (Gallup)
  • 91% of employees believe their leaders lack the skills to manage a team. (Inc.)
  1. Feedback and Recognition:
  • 65% of employees want more feedback. (Officevibe)
  • 69% of employees would work harder if they felt their efforts were better recognized. (Globoforce)
  1. Training and Development:
  • Companies that offer training programs have a 34% higher retention rate. (LinkedIn)
  • 87% of millennials say professional development or career growth opportunities are very important. (Gallup)
  1. Safety and Health:
  • In 2019, there were 2.8 million nonfatal workplace injuries and illnesses reported in the U.S. (Bureau of Labor Statistics)
  • Organizations that prioritize employee health and safety experience fewer accidents and lower absenteeism rates.
  1. Employee Satisfaction:
    • Companies with satisfied employees outperform their competitors by 20%. (Gallup)
    • 88% of employees believe that a positive company culture is essential for their success.

These statistics underscore the importance of fostering a healthy work culture, including aspects like employee engagement, communication, work-life balance, diversity and inclusion, well-being, leadership, feedback, training, safety, and overall employee satisfaction. A positive work culture can increase productivity, retention, and overall organizational success.