Metrics can be linked to various elements of culture, removing some of the ambiguity that comes with it. These metrics can come from employee surveys, including aspects such as employee engagement scores or percentage of employees who feel that they can work effectively with their team as examples.
They can also come from looking at employee turnover levels and the key reasons that employees have for leaving the business. Ensuring that the work environment is suited to the needs of employees can also be included here, such as, metrics around health and safety, incident rate and number of injuries, or an employees' ability to work in a flexible way through use of remote and hybrid working.
Cultural-related metrics can be used to showcase the Board’s role and commitment to monitoring culture. The metrics could align with your company’s purpose, values or strategy, allowing the Board to draw meaningful conclusions about the state of the company’s culture and whether corrective action is needed.
Utilising metrics within culture reporting can support your investors in identifying statistical information that they can compare and make judgements on.