How did TravelPerk's company culture fare?
We had to ask ourselves;
- Is getting together for team-building activities safe?
- How important will it be to our teams to get together in the same physical space?
- What would a shift to remote working look like for TravelPerk?
How do we define community at Travelperk?
At TravelPerk, we define community as;
How as a Community team Maslow Pyramid of Needs inspired us
- A sense that we belong, that we have a tribe of people who understand us and hold a common goal or set of shared values in common.
- The esteem and feeling of accomplishment that comes from being recognized for our contributions and commitment to our community.
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What benefits has the principle of community brought to TravelPerk?
What tangible benefits does a sense of community bring to a business?
- When they feel aligned with their company's values, and therefore more engaged with their work, employee performance is increased by 20%. [2013, Institute for the Study of Labour by Carpenter & Gong]
- Retention improves as 87% of employees who find their work engaging are less likely to seek employment elsewhere. [2008, "Improving Employee Performance in the Economic Downturn," The Corporate Leadership Council]
- It's easier to attract quality candidates as referrals from engaged employees are, on average, around 70% more likely to be a better cultural fit for your company. [2020, "10 Employee Referral Program Fast Facts with Bonus Tips", ClearCompany]
- Absence due to sickness decreases as employees take an average of 2.7 sick days a year when they feel fulfilled by their work, compared to 6.2 sick days when they don't feel engaged. Burnout reduces, and engaged employees also report a higher sense of wellbeing, especially regarding their mental health. [2006, "Employee Engagement: How to Build a High-Performance Workforce," Gallup]