Culture and productivity are closely linked, and top companies have shown that a positive culture can lead to increased productivity. According to a study by Great Place to Work, companies on the Fortune 100 Best Companies to Work For list saw a 7% increase in revenue per employee year-over-year, almost double the 4% increase among last year's winners[6]. Additionally, discretionary effort, or the willingness to give extra at work, is nearly 70% higher at the 100 Best Workplaces than a typical U.S. workplace[6]. Employee engagement is a critical factor in productivity — companies with positive, vibrant cultures attract the best talent to their teams and produce better products and services since their employees are more motivated to give 100% daily [12]. Research has shown that the companies with the best employee engagement are up to 40% more productive than other companies [10]. Positive work environments embrace a culture where recognition and appreciation are the norm, and employees are more likely to be engaged with their work when they have passion and purpose because there's clarification on the goals they should focus on [9]. Companies striving to stay at the top of the game and win the "war for talents" must embrace an employee engagement philosophy [8]. Mindfulness practices have also been shown to cultivate improved productivity and efficiency, with evidence showing a direct correlation between mindfulness and improved focus and attention [3]. Here are some examples of companies with great cultures that have led to increased productivity:
- Microsoft: This technology giant is known for putting team members first with free meals, parties, trips, and gym memberships as part of the complete package. The company culture at Microsoft takes the top talent in the industry and helps them become more motivated and driven, allowing Microsoft to produce more innovative products [4].
- Southwest Airlines: Southwest Airlines is known for its fun and friendly company culture, which has increased employee engagement and productivity. The company has a "Fun Committee" that plans events and activities for employees, and the company's leadership is known for being approachable and accessible [12].
- Zappos: Zappos is known for its unique company culture, which focuses on employee happiness and engagement. The company has a "no job posting" policy, meaning employees are encouraged to move around and find the role that best suits them. This has led to increased employee engagement and productivity [12].
- Google: At Google, the well-being of team members is a top priority. They offer a comprehensive package that includes complimentary meals, celebratory events, travel opportunities, and access to fitness facilities. This enables Google to cultivate a company culture that inspires motivation and drive amongst industry-leading talent, ultimately leading to the development of cutting-edge products.
- Patagonia: Patagonia is known for its commitment to sustainability and environmentalism, which has increased employee engagement and productivity. The company has a "let my people go surfing" policy, encouraging employees to take time off to pursue their passions and interests. This has led to increased employee satisfaction and productivity [12].
In conclusion, a positive company culture can increase productivity, employee engagement, and retention. Companies prioritizing employee well-being and engagement are more productive and profitable [1] [6]. Mindfulness practices, recognition and appreciation, and a focus on employee happiness and engagement are just a few ways companies can create a positive culture that increases productivity.
Citations:
[2] https://www.bls.gov/productivity/
[3] https://www.linkedin.com/pulse/company-case-studies-show-paying-positive-attention-marcy
[4] https://www.contactmonkey.com/blog/top-companies-employee-engagement
[5] https://www.workhuman.com/blog/companies-with-great-culture/
[7] https://www.rhythmsystems.com/blog/increasing-productivity-engagement-a-case-study
[8] https://www.wellable.co/blog/employee-engagement-companies/
[10] https://www.zippia.com/advice/productivity-statistics/
[13] https://www.apollotechnical.com/employee-productivity-statistics/
[14] https://www.wowessays.com/case-study/productivity-case-studies/
[15] https://hbr.org/2015/12/proof-that-positive-work-cultures-are-more-productive
[16] https://goremotely.net/blog/productivity-statistics/
[18] https://www.businessnewsdaily.com/15206-company-culture-matters-to-workers.html
[19] https://hbr.org/2023/02/what-the-most-productive-companies-do-differently
[20] https://www.levelingup.com/management/statistical-case-company-culture/
[21] https://slack.com/blog/collaboration/the-impact-of-company-culture-on-productivity
[22] https://quixy.com/blog/employee-productivity-statistics/
[23] https://www.sweetrush.com/culture-change-case-study-volvo-it/
[25] https://builtin.com/companies/type/productivity-companies