5 Qualities of a Great Company

5 Qualities of a Great Company

We know that hindsight is 20/20, but how can we make sure that our next career move is the right one? Make the most of your job search by having a checklist that extends beyond the job description. Create a checklist for qualities you are looking for in your future employer, and you will be far more likely to enjoy your next role. Here are five qualities to look for at your next company: 

Proper Training

According to Go2HR, 40% of employees who receive poor job training leave their positions within the first year. Providing more than the bare minimum amount of training for your team ensures employees have a strong foundation and are ready to tackle any task they encounter. It also establishes stronger ties between employees and leadership, which allows for open communication and feedback. When employees are properly trained, they work more efficiently and are more likely to stay with the company. This speeds up company production time and reduces employee turnover rates.

Flexible Work Hours & Locations

Not all employees have the same company role or the same personal responsibilities, so they shouldn’t be expected to all work exactly the same. Employees deserve input as to when and where they perform their daily tasks. While many companies are hesitant to offer flexible work locations and hours, they may not realize it can save thousands of dollars every year. According to Global Workplace Analytics, a company can annually save $11,000 per remote worker who telecommutes 50% of the time. Likewise, employees can save between $2,500 to $4,000 per year by working remotely half of the time. This is due to the savings employees gain on commuting, parking, and food. By providing flexibility in the workplace, companies and their employees can reap the benefits while growing the business. 

Effective & Transparent Leadership

For a company to thrive, there has to be a strong foundation of leadership. Leaders need to have strong communication skills and be open to employee feedback. Managers should be transparent about company operations so that employees can gain a better understanding of how to improve and maintain the business. Companies run smoother when working as a team, so leaders need to not only wear the title but also execute the decisions necessary to propel the company forward.

Competitive Pay Package

One of the leading causes of employees leaving a job is due to being underpaid. According to a survey by OfficeTeam, 44% of employees would leave their current job immediately for a higher salary. Competitive pay shows employees that they are valued at a company and that their contributions are significant to the company and deserve to be paid fairly. Additionally, providing fair wages can increase employee satisfaction, and lower employee turnover rates.

Career Growth Opportunities

 When considering a position, job seekers are looking past the description and into the future. ClearCompany reports 76% of employees want opportunities for career growth, making it one of the top three non-financial motivators for accepting a position. Despite the emphasis on employees benefitting from promotions, companies can also benefit from offering career growth opportunities. By allowing employees to grow and flourish, companies can maintain employees longer, and strengthen their business with dedicated, skilled staff. 

 

With this list in your toolkit, there is nothing stopping you from moving forward into your dream role. 

 

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