Top Workplaces outperform average organizations on many levels, but one key distinction stands out: Leaders of Top Workplaces see the competitive advantage of creating a workplace culture where employees are highly engaged. And they make culture a strategic priority, day in and day out.
"The culture here makes everyone feel important and involved, and that is invaluable," said an employee of the Philadelphia Eagles, which made that year's Top Workplaces list as a midsize company. That's championship stuff.
Not every workplace can win a Super Bowl, but every organization has a culture. Some are intentional, some accidental. Companies that claim culture is a priority but don't back it up are just fooling themselves. Failing to focus on culture is how leaders lose their jobs and how companies cease to exist.
In fact, culture is the only remaining sustainable competitive advantage. Great business strategies can be copied, but culture cannot. When an organization's culture fails, it's only a matter of time before it becomes public and costly.
At most workplaces nationwide, less than a third of employees are truly engaged at work, our research shows. But it's a different story at Top Workplaces. Of the 47,000 organizations Energage has surveyed in more than a decade, Top Workplaces achieve almost double the engagement rate. Companies that score in the top 10 percent on our surveys see engagement levels above 85 percent.
Of the 189 companies surveyed in the Philadelphia area this year for the Top Workplaces program, 24 had engagement rates of 75 percent or higher. (The Eagles were one of them.)
Recognition and bragging rights aside, employee engagement translates into stronger retention, higher productivity and better performance. Employee engagement is the outcome of a healthy workplace culture. In today's business environment, culture distinguishes the world's most valuable companies. It's where value is created or destroyed.
Leaders at Top Workplaces are intentional about defining and forging a unique culture that directly supports specific business goals. Not that all cultures are the same. Even among Top Workplaces, some thrive on high energy and fun, while others benefit from quiet intensity. So ask yourself:
Whenever I ask leaders these questions, the answers spur terrific discussions. The challenge is understanding how to measure culture and how to change it. The most tangible measure of culture is employee engagement. Great workplace cultures flourish when a team of talented people share an organization's values and embrace its objectives. We look at these key factors in engagement:
Strong cultures become self-sustaining. They attract like-minded people who will thrive in that environment. That's why Top Workplaces can be picky about who they bring on board, whereas other organizations have to pay more money to keep people.
Creating a great workplace culture requires raising the level of trust and connection among employees so they commit their best every day. Top Workplaces do this, and they do it consistently well. So when leaders at aspiring organizations ask me how they, too, can capture this advantage, my answer is this: Get intentional about workplace culture.