This One Thing Could Increase Your Company Profits

We recently featured a blog showcasing our top TED Talks for small business owners and franchisees. One of our tip picks is a talk from Patty McCord on how to build a company people enjoy working for. One thing that was not touched on in this short, 5-minute video was why. Why is it beneficial to create a great company environment?

Benefits of a Positive Work Environment

Increased Productivity

The American Psychological Association estimates that more than $500 billion is siphoned from the U.S. economy because of workplace stress and 550 million workdays are lost each year due to stress on the job. Furthermore, 60-80% of workplace accidents can be attributed to stress.

Employees are humans; it is only natural for their productivity to decrease and mistakes to increase as they become more and more stressed. As a business owner, it should be your priority to create a comfortable and positive environment for your employees. Nobody feels motivated when they have to spend 8 hours of their day feeling uncomfortable.

Increased Company Pride

Have you ever heard the term you are who you hang with? People are social and often absorb some of the traits of the people around them. Therefore, negativity and positivity can spread very fast. Take the extra step to show your employees they are valued and you’ll better maintain a positive vibe among your business.

Moreover, when there is a lot of positivity in the atmosphere, people become more motivated about what they do and develop a sense of pride towards you, their peers, the company, and their work. If they are proud of what they do, they’ll go the extra mile to ensure their part is completed correctly.

Decreased HR Efforts

Isa Watson is the founder of Envested, a workplace engagement platform. She says that, “when someone leaves the company, a lack of pride can be a determining factor. This is especially true of people who haven’t had any other life changes that require a new job — a spouse moving, health problems, a doubled salary offer.”

Furthermore, the more your employees enjoy working for your company, the more outsiders will want to work for your company. When you think of an amazing organization you’d love to be a part of, who do you think of? Many people would state organizations such as Facebook, Google, or Apple. Why? There are many reasons, but one is that fact that their employees enjoy a great company environment with tons of amenities.

While most companies do not have the capacity to provide the amenities Facebook, Google, or Apple does, EVERY company has the capacity to create a positive and enjoyable work environment. Invest in your company culture and you’ll be less likely to have people leave and more likely to attract better candidates when someone does decide to move on.

Decreased Company Cost

Perhaps one of the most intriguing benefits of creating a company people enjoy working for, is the financial benefit. If productivity increases and HR efforts decrease, you’ll likely see an increase in company profit and growth.

In fact, companies that win a “Best Places to Work,” award often outperform the overall market by an average of almost 12%, according to a study by Glassdoor. In contrast, a portfolio of 30 companies with the lowest employee satisfaction rates significantly underperformed the overall market by an average of almost 30%.

Best IT Company to Work for in Upstate New York

Wired National is a full service technology solution. We are a leading nationwide IT installation and support company, specifically serving franchises, commercial small business, and new construction. We offer low voltage wiring and 24/7 support and protection for WiFi, phones, music, TV’s, and cameras.

Our employees enjoy a competitive salary, benefits including medical, dental, life insurance, 401(k), paid time off, and paid holidays, all expenses paid travel opportunities, a fun and supportive atmosphere, and paid training.

Traveling IT Installer Job

For more information about employment at Wired National, please visit our careers page.

To apply to a traveling IT Installer job with Wired National, please send your resume to Abby at abby@wiredtelcom.com.

Wired National is a leading comprehensive technology support service specifically developed for franchisees. Wired offers a free consultation for implementation and ongoing support tailored to the needs of your business. With a quick explanation and a smart fix to immediate problems, Wired offers leading nationwide IT support and installation.

For more information on Wired National IT installation and support and a free consultation, visit our website or contact us at info@wiredtelcom.com or (315) 326-0001.