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How to Create a Positive Company Culture

A high turnover rate with responsibilities constantly shifting can result in a chaotic workplace. That’s why creating a positive work environment with quality employees is an important element in fostering a thriving business.

To maintain a reputable business, an open line of communication is key. Get to know your employees and be accessible. Celebrate holidays and coordinate employee volunteer days. But plan low-key events too—like luncheons and coffee dates—to allow for additional bonding and communication. It’s important to offer both one-on-one opportunities and group activities in order to serve different personalities and functions.

A positive company culture starts with your employees. If you’re struggling staffing financial positions, seek the help of financial staffing agencies. Take the time to create a list of what previous interviewees have been lacking. Think about developing a company mission statement including core values to help equip the financial staffing services with all the necessary information needed to properly fill the position. And once the candidates come through your door, make sure they’re properly screened to avoid high turnover in the future.

Also keep in mind, though, to not just look towards Midwest financial staffing agencies to fill the positions. While these staffing firms can be useful, let your in-house financial staffing/HR team publicize the job openings to employees too. An easy way to do this is to create a job board and send out an alert every time a new financial job is posted.

In addition to sharing open financial jobs with existing employees, many companies will also offer a small bonus if the recruit gets hired. This encourages employees to recruit their hardest-working friends—making it a win-win for everyone involved.

Whether your company is big or small, you always want to allow employees room for growth. Offering bonuses and promotions based on merit and seniority is a good way to do this. It’s also important for each employee to have an annual review in which they set goals and discuss their strengths and weaknesses. This review can be part of a formal process employees must participate in to receive a raise or promotion.

Overall, it’s important to have a clear vision for your company. This combined with open communication and quality employees will lead you to a positive company culture.