As workers, we always strive to work in great companies. Now the trouble is how to define a great company. Is it great because of the way it treats its people? Is it great because of how it compensates its people? Or is it great because of the results it produces?
The truth is that a great company encompasses all three of these things. Think of Google, for example, arguably the world’s greatest company, it does not only treat its employees like royalty and pay them exceptionally well, but it’s also the world’s most popular ‘everything related to internet’ company.
We’d all love to work for Google, but alas, not all of us are computer geeks. That’s not to say that we don’t want to work for really great companies; companies that will value us and that will have a positive impact on the world. So if you are uncertain whether the company you work for can be considered a great company, here’s how to tell:
1. Does It Promote Continuing Education?
Great companies know that by aiding their employees to become savvier in their industry, they are essentially helping themselves. So they invest in their employees’ education by holding seminars, training and even help them to attend courses.
2. Does It Allow People to Take Risks?
Taking risks is an integral part of being in the business world, nothing can be achieved without innovation, and innovation always means the ability to take risks. Companies that are great do not only allow their employees to take risks, but they also encourage them to.
3. Is It Diverse?
Great companies resemble a great society, and a great society is always diversified. Likewise, great companies employ diverse people, and they make the most of these differences. This spirit of open-mindedness is not restricted to its employees, but it’s also reflected in the company’s work.
4. Does It Employ Talent?
If there’s one thing great companies are fighting for it is hiring top talent. Talent is the most valuable trait an employee can possess and in order for the business to be successful, great companies know that they should employ the best of the best. So, they put strict criteria when it comes to the hiring process, and they understand that talent attracts talent, so they do their best to keep their talented employees happy.
5. Is the Leadership Transparent?
Long gone are the days when the boss was an almighty creature who could do as he pleased. Today great companies embrace transparency, and this starts from the upper ranks, not only will bosses admit to making mistakes, but they’ll accept accountability for them.
6. Does It Reward Its Employees?
Great companies know that success comes from their employees’ dedication, so they are not reluctant to reward dedication and hard work. Raises and bonuses go a long way in demonstrating the company’s appreciation to its best employees, and feedback is always constant as great companies know that it’s essential in improving employee performance.
7. Does It Value Quality Over Quantity?
If there’s one thing that can be said about great companies, it is that they never expect their employees to work late when there’s no work to be done. Some companies encourage the ‘looking busy’ culture to produce more, faster, but great companies know that qualitative work is far more important, so they give their employees plenty time off, and they encourage work-life balance.
See Also: How to Find Where You Would Love to Work
If you’ve answered Yes to most of these questions, it’s fair to see that you work for a great company. If on the other hand you’ve answered No to most of these questions then perhaps it’s time to move on. Find a company where the company culture fits you and a place that will value your work and you won’t regret a day of your life that was spent working.