Why Culture?

Much more than just a buzzword. It’s the secret sauce of your organisation…

WHY INVEST IN CULTURE?

IF created and implemented successfully, culture in your organisation can be paramount to the happiness of your staff (and in turn your clients) and evident in the fiscal success of the business outcomes.

Companies that invest in their people and nurture a positive culture outperform their competitors in several key metrics:

Retention and Cost Savings:

The cost of replacing an employee can range from 50% to 200% of their annual salary (SHRM). High-culture companies experience lower
turnover rates, leading to significant cost savings.

Customer Satisfaction:

Companies with highly engaged employees outperform competitors in customer experience by 26% (Temkin Group).

Innovation and Problem-Solving:

Organizations with strong cultures of innovation are more likely to
outperform competitors (Journal of Business and Psychology).

Financial Performance:

Businesses listed as ‘Best Companies to Work For’ consistently outperform the S&P 500 index (Great Place to Work).

Engagement and Productivity:

Highly engaged employees contribute to a 147% increase in earnings per share compared to their less engaged counterparts (Gallup).