Yet another study is showing that money isn't the only thing that can make a worker stay — and it's not even at the top of the list for many employees.
The main ingredients to crafting a successful culture are purpose, opportunity, success, appreciation, wellbeing and leadership, according to "The Six Essential Aspects of Workplace Culture to Focus on Today," a joint study by the O.C. Tanner Institute, Y2 Analytics and Harvard Business School professor, Ashley Whillan.
"Organizations that marginally improve in each of these six areas see dramatic improvements in recruiting, engagement, tenure, satisfaction, and other business metrics such as revenue growth and expansion," the study says.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
