It is estimated that one in five Americans have resigned from their jobs due to a negative workplace environment. This turnover has an estimated cost of $223 billion, taking into account the cost of employee replacement being up to 150 percent of their yearly income, in addition to the impact it has on productivity. Furthermore, research has shown that 88 percent of job searchers believe that having a supportive work culture is essential for a company’s success. In order to remain competitive in the remote work age, organisations must prioritise creating an environment where employees feel appreciated and valued, as this will help to retain them and prevent them from seeking out new job opportunities with a more favourable work culture.
Guidelines for fostering a strong culture at a distant location:
Productivity increases when people are rewarded for their ideas
Organisations which cultivate a culture of recognition are significantly more likely to witness an increase in employee engagement, as demonstrated by research that found these organisations to be two and a half times more likely to do so. Furthermore, a survey of employees revealed that ninety percent of them believed that being acknowledged for their efforts was a major factor in motivating them to do their best work. Consequently, it is evident that the extent to which management chooses to recognise their employees can have a considerable effect on both their performance and the overall atmosphere of the workplace.
Creating a culture of appreciation for outstanding ideas is essential for motivating remote workers to perform well. A meritocratic culture promotes psychological safety, transparency, and open dialogue among employees at all levels. It emphasises collaboration over competition and provides equal opportunities for employee empowerment, challenging the status quo where only ideas from the highest-paid team members are heard. Such an environment encourages remote workers to communicate openly and honestly, even when they don’t have the benefit of a shared physical workspace.
Having defined expectations increases employee loyalty and accountability
By establishing clear performance goals, businesses can ensure that their employees remain engaged and motivated. Studies have shown that highly engaged staff are 87% less likely to leave their employers compared to their disengaged counterparts. Furthermore, disengaged workers are 60% more prone to making mistakes while on the job. Therefore, creating explicit performance objectives is essential in optimising employee satisfaction and productivity.
The implementation of transparency within a remote working environment can be highly beneficial in terms of performance. It is essential that both leaders and employees have a clear understanding of the company’s objectives, as this can help to ensure that progress is managed effectively. To help facilitate this, it can be useful to break down the vision into smaller, achievable goals. In doing so, owners and managers are able to easily evaluate whether these goals are on track to be achieved in the required timeframe, or if they need to be re-examined.
Employees are more likely to be motivated and dedicated to their task when they are aware that their performance can have an impact on the success of the team. By having this mindset, they will be better aligned with the tasks assigned to their fellow coworkers, leading to a greater sense of accountability.
Team performance improves with daily routines and feedback
Due to the lack of performance feedback, it has been determined that nearly a quarter of employees would consider leaving their jobs. In contrast, those who receive feedback on a weekly basis are more than two and a half times more likely to be engaged in their work. Therefore, it is essential for managers to stay connected with their team by providing appropriate and timely feedback. Additionally, they should be mindful of the unique requirements of remote workers, and devise innovative strategies that will keep them motivated. With these measures in place, a positive and sustainable remote work culture can be established.
As managers, it is important to have discussions with employees about how their current performance is helping to achieve the company’s goals, and to provide constructive feedback on ways to improve. Making sure to focus on the employee’s strengths as well as areas for improvement, feedback should be delivered in a respectful and thoughtful way. When employees feel that their efforts are being recognised and valued by the employer, they are more likely to be supportive of the organisation’s objectives.
By creating a workplace environment that promotes positive feedback, employers show their employees that their opinions and ideas are respected. Remote companies should take the initiative to actively solicit input from team members about the company culture, and then take the necessary steps to implement any changes that are suggested. This strategy contributes to a more enjoyable working experience for all employees, present and future.
Works is an advanced platform designed to simplify the process of hiring and managing remote software engineers for businesses. We provide access to a global pool of the top 1% of 700,000+ developers, all of whom have been carefully vetted to ensure they possess the necessary technical and communication skills. Our platform allows companies to quickly and easily hire developers who work in their own time zone, providing greater flexibility and convenience.
Visit the Works Hire page for additional details.