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#business #how money works #corporate culture

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Corporate America has become obsessed with company culture, but Friday afternoon drinks and team building days mask a terrible trend that makes your workplace miserable and stalls your career. Company culture is one of the biggest trends in business management.

Small businesses with as few as twenty employees hire culture managers whose full-time job is to promote a collaborative and positive work environment. These are full-time employees who, from a bottom line perspective, only make the other nineteen employees more engaged in their work. According to a survey of job seekers and hiring managers conducted by Robert Half, a workforce analytics company, ninety-one percent of managers said candidate fit with organizational culture was more important than their skills and experience.

Hilariously, a PWC survey on company culture found that sixty-nine percent of companies believed their culture gave them a competitive advantage…probably more than thirty-one percent of companies who realized that a office doesn't need a ping pong table and kombucha on hand to function. a nice place to work. Managing company culture is expensive, company culture managers earn an average of one hundred and ten thousand dollars per year according to GlassDoor. Direct salary expenses also do not reflect the additional costs of organizing cultural events or the work hours lost in the name of team building.

It's a big investment that doesn't pay off.

If company culture is starting to sound less like an annoying buzzword and more like a horrible trend, that's just the first reason out of four.

So it's time to learn how money works to discover why corporate America has become obsessed with company culture.

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