Switch & Shift
Conventional wisdom says taking care of your employees is the right thing to do. Besides, no one enjoys having a reputation as a “bad boss.”
While investing in the less tangible, more human aspects of your company may not seem like a commonsense way to boost the bottom line, a recent report by Glassdoor revealed a positive correlation between work culture and stock values. Companies where workers rated their employers highly outperformed the S&P 500 by 122 percent, while companies with low employee ratings underperformed the S&P 500 by 29.5 percent.