Corporate Generosity: How to be a generous company on a budget
Corporate Generosity: How to be a generous company on a budget?
Corporate generosity is often determined by how much they contribute to an employee’s year-end bonus. In contrast, we wanted to share our ideas on how companies like EPS can show generosity to employees through right action not just monetary gain.
Leading By Example
Generous companies are not only proven to have happy employees, but are also known to have highly effective growth strategies. Take our corporate partner for example – JLL, a 250 year old global real estate investment company, was named Fortune Magazines Most Admired Company for the 8th year in a row. Why? JLL consistently claims to care about the growth of their employees as much as the success of the business.
While JLL is one of the worlds largest companies, there are ways that small and medium size business like ours can exhibit corporate generosity to our employees and to the community. Here’s How:
Being an ethical business is often ingrained into a company’s corporate identity. Take the EPS mission & vision statement for example:
EPS will provide exceptional project management services to our clients and add value by being an integral partner, whose focus is on transparency and quality.
To be a leader in project management and a preferred vendor for our clients.
Core Values at EPS:
- Loyalty and Commitment
- Safety and Quality
But what is important is how management actions these ideologies. Without putting these beliefs into practice, they really are just words. In mid 2015, EPS started its largest CSR initiative yet – Engspire, a non-profit entity that motivates elementary students to get involved in the field of engineering. Backed by Engineers Canada & ESSCO, EPS promotes the 30 by 30 initiative to get 30% of women in engineering by 2030.
Without an enormous sponsorship budget like some of our larger corporate counterparts, EPS was able to give back by offering our time and expertise, while engaging our employees in our corporate value system.
The best part?
Employee job satisfaction is directly related to corporate generosity and is proven to rise when employees participate in a company’s charitable programs, according to the Nevada Business Journal. We wanted to see if our employees agreed, so we asked them that very question. Our favorite response? Saumya George, a junior project manager and IT Engineer stated, “I like the variety and flexibility I get in my job. My work with Engspire takes me away from my desk work and gives me a great feeling of giving back.” Teamwork, loyalty and commitment are fundamental to EPS company culture, while serving the interests of clients, the community, stakeholders and employees alike.
Time for What Matters
What is the most important thing an employer can give me to their employees? The answer is often time. Time to complete a project well. Time to ask important questions. Time to balance work and personal life. We understand the importance of employee comfort, which is why offering flexible work scheduling makes employees needs are validated while still setting the expectation that each project is done on time. Sadly, most companies are slow to adopt this line of thinking. The primary fear is that work productivity will dwindle should employees have an “unlimited” amount of time off.
So, what ensures an employee continue to work diligently?
A Positive Work Environment
Being generous is not just about offerings things. Providing employees an environment that is fun and open eases the stress of work while also giving employees the ability to ask for help when they need it.
If you would like to share any ideas on how companies can add to corporate generosity, contact us below!