The importance of corporate culture has long been recognized by executives: but how does it affect talent acquisition? What do employees really want? How to attract millennials
Cezanne HR, a leading provider of cloud-based HR software, has conducted groundbreaking research into the state of corporate culture in 2022 to uncover what it really means to employees.
That’s what Cezanne HR was keen to find out, and the results were a little surprising…
Do millennials think their company’s culture has been impacted by the pandemic?
Although only 54.5% of employees surveyed say the culture would keep them in a job or leave it, a full 75% would research the culture before applying for a job. 51.8% stated that corporate culture is more important to them than salary. 84.5% said corporate culture is important. Only 4.8% rated their corporate culture as excellent.
Paul Bauer, Head of Content at Cezanne HR, commented: “Our research shows that a positive organizational culture is a key factor in employee retention rates and attracting new talent. However, our survey showed that few of the employees surveyed believe their company has an excellent culture.”
“Your employees are the greatest ambassadors of your corporate culture. If your employees feel the culture is missing and you can make improvements, how can you successfully attract new talent?”
Employees want initiatives for better health and mental well-being
Cezanne’s survey found that while employees overall felt rewarded and that recognition was the biggest influencer on organizational culture, many felt that better health and mental wellbeing initiatives would improve organizational culture. In fact, most millennials considered it the most important improvement companies could make.
Paul further said: “I think it’s understandable that employees place a high value on health and mental wellbeing initiatives. The COVID pandemic has highlighted the need for mental health initiatives and of course the importance of organizational culture.”
“The Great Resignation has meant that companies have to look inwards and deal with their own corporate culture in order to remain attractive. What do your employees really want? What makes the company a place to work at? How does your corporate culture compare to your competitors? Of course, every company has its own culture, but to attract new talent, it’s time for your company to make changes. “
For the full report and summaries, see visit their website.
About Cezanne HR:
Founded in 2013, the Cezanne HR team designs and delivers HR
software systems for over twenty years.
They have worked with some of the largest and most demanding in the world
organizations and many hundreds of small and medium-sized businesses
practically all industries. They are also very passionate about delivering
great HR solutions and services that help HR professionals and employees
They help increase productivity, streamline people management and connect
with each other and contribute to driving the overall success of their company.
Their global focus brings a unique perspective to their HR solutions that few others offer
HR software vendors may match. Their systems were also designed by
from the ground up to offer global capabilities that reflect their extensive internationalism
Experience.
Cezanne HR customers range from under 100 to almost 5000
Employees work in one or more countries and come from
virtually all lines of business including: Technology, Finance, Legal, Utilities, Pharma,
Consulting, Recruitment, Aviation, Shipping, Publishing, Health Sciences,
Research, housing, leisure, charities and much more.
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