The best places to work have certain common characteristics between them. This blog post goes over 5 things top workplaces have and how to achieve them.
They pay above minimum wage
When your employees are worrying about getting chores done, paying rent, or making sure their children are taken care of, they aren’t going to be performing at their best at work. Good places to work ensure their employees’ basic needs are taken care of. The best places to work go above and beyond this; some companies pay for house cleaning services, others offer free daycare.
They value their employees
Great companies genuinely care about the people working for them. They make sure each team has the equipment they need to perform well, but management also gets to know their team members personally. Understanding that their talent is the backbone of the company, even c-level managers should make an effort to understand the motivations of their employees.
They pay attention to company culture
According to Investopedia, company culture “refers to the beliefs and behaviors that determine how a company’s employees and management interact and handle outside business transactions.” The company culture includes beliefs, morals, values and unspoken codes of conduct. For example, a company could value transparency above all, which means they go with a transparent-first approach to all business decisions. Employees can be confident about copying other team members in any email thread, and so on.
The best places to work make sure the company culture is clear and shared throughout the team, so that everyone is motivated and generally on the same page when it comes to how to behave and interact.
They encourage learning and development
If your team isn’t constantly learning and keeping up with the industry, they will get left behind. This stands true not only for your team, but for the individuals working for you. The best places to work invest in their employees’ growth and skills development, not just so they can do better work for the company, but also so they can grow as individuals.
They have talented teams
Perhaps a by-product of all the other characteristics, this last one is one of the most important indicators of a top workplace. All of the best places to work have amazing teams and employees. Everyone is an expert at what they do, and talented professionals naturally gravitate to the company and brand. Because these companies offer excellent places to work, paired with generous compensation and benefits, they can afford to hire only the best for each position.