The definition of a good workplace varies per employee. Some employees view good companies as ones that enjoy financial success, while others value the culture and management of an organization. Although the exact definition of a good workplace is subjective, most companies considered good by employees possess some similar characteristics. Employees should know the signs so they choose the right companies to seek employment opportunities.

One of the major indications of a good company is employee satisfaction. The satisfaction of employees is often related to how they are treated by management. Satisfied workers are usually committed to their place of employment, which results in a low employee turnover. According to information written on Find Law’s website by Shelly L. Freeman, employee satisfaction in part comes from managers articulating the importance of employees’ contributions to the organization.

Stable Earnings

Although earnings fluctuate in most companies, a good organization should enjoy stable earnings most of the time. A company that is struggling financially for long periods of time may be in a financially vulnerable position. In many cases, financially poor companies eventually cease to exist, and employees must look for other employment opportunities.

Quality Products or Services

The products and services a company sells determine a large portion of the value of a company. A good workplace should possess products and services that customers desire to buy. Defective goods can harm the reputation of the company and cause it to lose money.

Excellent Customer Service

According to an article written by Jim Champy, good companies begin by meeting the needs of customers. A company can possess quality goods and services and still suffer from poor customer service. Good companies understand the importance of customer service and train their employees accordingly. When customers call a company, they should leave with a feeling that they were helped.

Company Culture

A healthy company culture is a sign of a good workplace. The culture of an organization determines how the company operates and treats its employees. Ron Finklestein, of Entrepreneur magazine, states that good companies with healthy corporate cultures possess the ability to recruit top professional talent.

Positive Attitude

The attitudes of executives in good companies are usually positive. Attitude is important because it plays a part in the success of a firm. The attitudes of business owners and managers directly affect the attitudes of employees. According to Finklestein, business owners of successful companies maintain positive attitudes and accept accountability for what happens in the organization.

Good Management Team

A good company understands the importance of employing an effective management team. Managers supervise and lead employees, provide vision and insight and find ways to increase productivity. Good managers know how to develop the best attributes of their employees. Champy states that inspiration starts with management, but in good companies, managers know how to inspire employees.

Healthy Risks

Businesses that enjoy success understand that they must take risks. However, they also understand the importance of taking healthy risks that stand the chance of providing more good than harm to the organization.

Technology

Successful companies provide employees with technology that allows them to perform their jobs effectively and efficiently. Technology needs vary per organization. Good organizations are informed of technological advances in their industry and make the necessary changes to improve technological function in their workplaces.

Training

Good companies adequately train their employees. For many companies, the business needs change on a regular basis. Companies should provide training programs that build the skills of their employees, which benefits the entire organization.

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