Four Fundamental Norms Of Building A Wellbeing Future-Ready Workplace Culture
The past few years have brought about positive changes in the way employers and employees interact
With a greater emphasis on employee expectations, organizations have implemented practices that foster a caring, collaborative, and inclusive workplace environment for their teams in India.
Over the years, employees have seen a significant increase in their trust in management behaviors, workplace fairness, and overall perception of the workplace, with an average increase of 1.8 per cent each year since 2017. As a result, employees now feel more positive about management's ability to attract talent, avoid favoritism, involve them in decision-making, provide job security, and communicate candidly. Additionally, 79 per cent of employees believe in fairness in promotions, pay, recognition, and the opportunity to appeal against injustice. Most importantly, 78 per cent of employees now report feeling welcomed in a workplace free of politicking and backstabbing in 2023.
In the below article, we will explore a few key action items for building a future ready workplace.
1. Get the Basics of Workplace Culture Right.
Today, workplaces have evolved to prioritize the needs and well-being of employees. By establishing the basics of workplace cultures, organizations are setting the standard for just and supportive environments that foster strategic cohesion and exceed expectations.
These values are now non-negotiable and are the foundation for building a future-ready workplace. In 2023, with a focus on the right work allocation, customer care, pride, and finding meaning in jobs, organizations in India are embracing a people-centric approach that inspires and empowers their employees to thrive.
2. Ensure Fairness In Pay & Treatment
The future of the workplace will be one which is more transparent, fair, impartial, and equitable, more so in the areas of pay and profit sharing. Thus, organizations need to ensure baseline HR Practices in compensation, such as salary surveys, establishing pay bands, and then going above and beyond to ensure a sense of equity as well as impartiality.
3. Encouraging work-life balance.
Achieving work-life balance has emerged as a top priority for employees, drawing increased attention from organizations. The past few years have witnessed a noteworthy 7 per cent surge in employees' perception of availing themselves of time off, highlighting the growing significance of this aspect.
Hence, it’s imperative for organizations to integrate practices that address this fundamental need in their pursuit of future preparedness.
4. Better Work Environment
Embracing the future means seizing the power to create a workplace that is not only productive but also enjoyable. As we envision a future-ready organization, it is essential to foster an environment where employees not only find fulfillment but also experience joy in their work.
By cultivating intentional practices and providing unique benefits, organizations can create a sense of hospitality and genuine care, setting themselves apart as the epitome of a future-ready workplace.
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