Corporate culture is more than a buzzword; it’s an integral component in the satisfaction and retention of the modern workforce. In fact, research shows that 88% of job seekers cite company culture as an important factor when considering potential employers.
At Paycom, our award-winning workplace culture and the values guiding us are essential parts of our success.
What does that look like in action?
People come first
An organization is nothing without its people. At Paycom, the members of our workforce are our greatest resource. Their physical, mental and emotional well-being are critical pieces to the corporate-culture formula. Recognizing these needs with our benefits and employee-support offerings is part of the reason Paycom was recognized as Best Company for Women and Best Company Culture in 2022.
As important as employee wellness may be, corporate initiatives that actively provide this type of support are still the exception, rather than the rule. In fact, Deloitte’s 2021 Global Human Capital Trends survey found 80% of respondents saw well-being was “important” or “very important” for their organization’s success, but only 12% felt “very ready” to address it.
To protect and nurture our workforce, Paycom provides a variety of benefits and programs that support wellness efforts. These include a comprehensive health insurance plan, on-site mental wellness advisers, access to a fully equipped fitness center and membership to a financial literacy app.
When you find a workplace that values the whole employee through robust, easy-to use programs, you’re set up for long-term success.
Learning never stops
An organizational attitude that prioritizes employee learning and a culture of curiosity can benefit the company as much as the workforce. Today’s employees understand the importance of learning, with many expecting their workplace to champion professional development.
How strongly do they feel about this expectation? According to a recent study by Gallup, 48% of American workers would switch jobs if it offered skills training opportunities.
At Paycom, learning is a key element of our culture. To cultivate an environment embracing continuous learning and improvement, we offer team members several professional development opportunities to help them along their career journey. These include leadership training, avenues for upskilling or reskilling, and access to career advisers.
Employees are encouraged to take advantage of these programs to strengthen their skill sets and add new tools to advance their career. As a result, Paycom is home to thousands of talented professionals redefining what’s possible in our industry.
Giving matters
Philanthropy affects the community at large, but can be a powerful driver within an organization. In a corporate culture, philanthropic initiatives support recruiting efforts, build engagement and a foster a sense of solidarity.
Millennials, for example, are more likely than members of any other generation to participate in activities that give back to their communities. It’s not uncommon for them to look for a similar worldview in prospective employers.
Paycom’s philanthropic programs support a wide range of nonprofits and causes, locally and nationwide. One way we connect our workforce to our service-oriented values is by making it easy to get involved in our employee giving program. Employees can participate simply by choosing to donate through an automatic payroll deduction each pay period.
Recent giving efforts include organizations supporting foster children, mental wellness, veterans’ programs, STEM initiatives and community events like the annual Oklahoma City Memorial Marathon.
Diversity, equity and inclusion
For forward-thinking organizations, diversity, equity and inclusion efforts can produce beneficial results. Ignoring such efforts can have equally profound effects.
According to a five-year study by McKinsey & Company, organizations with the least progress toward diversity and inclusion were 27% more likely to underperform on profitability. On the other hand, businesses focusing on these strategies were 35% more likely to achieve above-average returns, with overall performance increasing by 31%.
At Paycom, everyone’s voices are valued, and employees from all backgrounds feel safe to be their authentic selves. Through our Better Conversations series, we encourage team members to explore co-workers’ respect and dignity by discussing such topics as mental wellness, women in tech, working parents and more.
We’ve strengthened our commitment to creating a more inclusive workplace by implementing a diversity, equity and inclusion (DEI) strategy that includes adding dedicated DEI staff members to our workforce. Paycom’s DEI team is responsible for overseeing this new program as they work to attract diverse talent, give them the tools they need to succeed and enhance our overall culture.
Company cultures look different everywhere you go, but you can’t go wrong with one prioritizing employee growth and adhering to core values that guide everything it does. At Paycom, our culture offers all this and more.
Ready to be part of our award-winning culture? Apply today!
