Majority Of Americans Say Their Company Culture Is ‘Broken'

Blu Ivy Group study finds 74% of employees say their company culture is broken.

Read the original at Franchising.com
Majority Of Americans Say Their Company Culture Is ‘Broken'

TL;DR

A study by Blu Ivy Group found that 74% of employed Americans say their company culture is broken, citing issues such as leadership, lack of trust, and work-life balance. The study also found that 35% of respondents believe their workplace is 'Culture Conning', where companies market themselves as having inclusive cultures but fail to deliver.

Many Americans feel their company culture is not what it should be, according to a new study by Blu Ivy Group. It’s a further indication that Americans’ personal and professional priorities have shifted since the Covid pandemic. Three-quarters (74%) of employed Americans could cite at least one aspect of their company culture that is “broken.”

The top answers cited were: leadership/management (28%), lack of trust between staff and management (23%), lack of work/life balance 23%, and an unsustainable workload (21%). About a third (35%) of those surveyed believe their workplace/employer is ‘Culture Conning,’ defined as a practice by which companies market themselves as having inclusive, employee-centric workplace cultures to recruit employees, but fail to deliver on that promise. Younger respondents (18-34) are significantly more likely to believe this (41%) than those aged 35-54 (34%) and especially those 55+ (27%).

One-in-five (22%) employed Americans, including three-in-ten (31%) under the age of 35, have left a position or a company due to ‘Culture Conning.’ Employees were asked what they value most about a company’s work culture. 31% ranked ‘purpose - feeling like the work I do is making a difference’ among their top three responses.

Purpose trumped vacation time (30%), management that’s responsive to the needs of workers (28%), opportunities for professional advancement and growth (22%), and ability to work remotely (19%) as top valued company work culture points. ‘Purpose’ was only topped by benefits (38%) and flexible work hours (33%.) “As a cornerstone of any employer brand strategy, companies need to take a close look at what their talent will receive in addition to perks and benefits.

It’s essential for employers in the post-pandemic workplace to connect the work of talent to both purpose and impact,” said Stacy Parker, managing director and co-founder of the Blu Ivy Group.

In this story

This story was originally published by Kerry Pipes in Franchising.com on May 18, 2022. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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