A strong corporate culture provides many benefits to companies including lower employee fluctuation rates, simplified hiring, and an improved working climate. It can also increase revenues by 33% through attracting highly qualified employees and managers, impact growth rates positively, and save companies up to 550 billion euros per year by motivating employees. A strong culture is defined by elements like shared goals, vision, mission, relationships, communication, and values that determine how employees and management interact and handle business transactions.

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Culture @ accilium
ReTreat 2021 | 03.07.2021

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A strong company culture helps in various ways!
The fluctuation rate in companies with
a negative culture is 48.4% on average - in those
with a strong culture, on the other
hand, only 13.9%.
(Source: Columbia University)
1 Lowering fluctuation
A strong culture helps companies hire
the right people (55%), attract more qualified
applicants (49%), Increase employee referrals
(41%) and attract diverse applicants (32%).
(Source: Grant Thornton)
2 Simplifies hiring
In companies with a strong culture,
employees value collaboration, work environment,
mission, and value orientation 20% more than
employees in other companies.
(Source: CultureIQ)
3Improves working
climate
By attracting highly qualified employees,
a strong corporate culture can lead to 33% higher
sales. Just the hiring of talented managers alone
leads to a 27% increase in revenue per employee.
(Source: Gallup)
4 Increases revenues
More than 50% of managers believe
that a positive corporate culture increases
productivity, creativity, profitability, shareholder
value and growth rates. influences.
(Source: Forbes)
5 Impacts growth
Teams that identify with their company
create added value - unmotivated
employees cost U.S. companies up to 550 billion
euros per year.
(Source: The Engagement Institute)
6 Saves money

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What is culture?
Corporate culture refers to the beliefs and
behaviors that determine how a company's
employees and management interact and
handle outside business transactions.

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Elements of corporate culture
CULTURE
Community
Shared goals, vision,
mission, Relationships &
Communication
Trust
Not to be confused with
familiarity
No one exploits the
weaknesses of another
Values
Cannot be given,
otherwise they become a
reproach

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𝐶𝑟𝑒𝑑𝑖𝑏𝑖𝑙𝑖𝑡𝑦 + 𝑅𝑒𝑙𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑦 + 𝐹𝑎𝑚𝑖𝑙𝑖𝑎𝑟𝑖𝑡𝑦
𝑂𝑤𝑛 𝑢𝑠𝑒
= 𝑻𝑹𝑼𝑺𝑻