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Improving the Corporate Culture | How to optimize your workforce from a distance
2020 led to a surprising shift in how businesses would operate going forward. Many of these businesses have learned that they could actually cut costs by removing overhead. Others are downsizing and/or relocating to more tax-friendly areas of the United States. While some have let go of their workforce, others are growing at an unprecedented pace.
With employees spread far and wide, companies are doubling down on the corporate culture and how teams operate. Productivity was a major concern for businesses with no existing infrastructure and with employees unaccustomed to working from home. Performance was another issue. Uncertainty in the market had led to uncertainty in business, forcing those businesses to think outside the box and tighten up their strategies to ensure continued success.
Challenges are illuminating unique opportunities for companies to not just strengthen the workforce but to strengthen the corporate culture.
By improving employee retention ratios, we begin to eliminate high rates of employee turnover, which often equate to higher rates of unnecessary spending, associated with the recruitment, training, and onboarding of temporary new hires.