One of the most important factors that can influence everything from employee loyalty to workforce retention rates is a company building and nurturing a feedback culture. If employees perceive feedback negatively or if it is not offered at appropriate times, they may get frustrated and quit or lose interest in the company’s success. Although many companies prioritize building a strong company culture, they do not give feedback culture the care that it deserves.
Since a negative feedback culture has so many bad possible effects, it is important to build a positive culture supported by the right tools. One option that many employers are using today is Betterworks. It is an innovative Continuous Performance Management solution that gives employers the tools they need to build and nurture a feedback culture. They can track performance metrics that give them insights into adjusting teams to maximize productivity, changing schedules to fit employee preferences, and much more. With real-time tracking and updating, companies can have regular conversations around one-on-one success planning with workers. If employees are informed about issues immediately, rather than months later as with standard performance reviews, they feel more confident.
Increased motivation and engagement helps employees feel like they belong, and an invested employee is a valuable asset to any company. This is the message that Betterworks strives to convey through its tools that make everything from scheduling to productivity measurement simpler. Launched in 2013, the company has grown significantly and will continue its growth after a recent multi-million-dollar investment to further develop its user-friendly program.