Looking to build a better culture? Set compensation strategy accordingly

The way employers pay says a lot about them as organizations
By Mykkah Herner
|Canadian HR Reporter|Last Updated: 05/15/2017
Men on Pillars
Compensation is one of the first things that falls under employee scrutiny. Credit: MJGraphics (Shutterstock)

Organizational culture matters now more than ever. It is the unique and varied personality that is associated with each organization. It is the set of values and rules that unite those in the organization, guiding them toward a similar business goal.

With five generations in the workforce, we’re seeing more diverse needs and motivators across employee populations. This has brought to the forefront the need for a clear organizational culture that allows employees to opt in to the organization.

HR leaders have long been hip to the value of organizational culture in accomplishing business success. And executives are starting to see the importance of having a defined organizational culture, engaging employees and communicating with employees.