Change language
Change country

The journey to becoming a magnetic workplace

Your roadmap to increasing the attractiveness and competitiveness of your business.
The journey to becoming a magnetic workplace

As the business world continues to evolve, prospective employees have more power than ever when choosing their next place of work. It has therefore become necessary for organizations to separate themselves from the crowd and appeal to the best talent.

Traditional work models and means of doing business are shifting rapidly. In the wake of such change, employees across all sectors have reviewed their work-life balance and sought new opportunities that align with their values and professional development.

This period, commonly referred to as “The Great Resignation”, has seen businesses lose vital talent and struggle to bolster their workforce. The tables have turned; organizations are now required to market themselves as attractive places to work so applicants will select them from a sea of lucrative possibilities.

One way for businesses to stand out from the crowd is to become a “magnetic workplace”. According to a recent report by Economist Impact, supported by Kyocera, unlocking the benefits of a magnetic workplace is the key to retaining and attracting world-class talent for businesses wishing to future-proof their operations.

What is a magnetic workplace?

Magnetic workplaces attract people and encourage employees to produce their best work and fulfil their potential. This type of environment should be thought of not as a space where individuals feel a sense of obligation, but belonging. In short, employees want to be there. They don’t feel forced.

By increasing their workplace’s magnetism, organizations can boost employee retention and appeal to world-class talent. To harness the potential of the magnetic workplace, business leaders need to take three key pillars into account:

  • Productivity and infrastructure.
  • Employee engagement.
  • Culture.

In magnetic workplaces employees want to be there. They don’t feel forced.”

Optimising productivity with technology

The productivity and infrastructure pillar boils down to providing your workforce with the necessary technology to facilitate their productivity. To do so, business leaders should audit their existing software and devices and ensure that they have equipped their teams with the right tools to optimise their workflows. It will also help eliminate the frustration caused by inefficient technology and out-of-date programs.

As hybrid working has accelerated digital transformation and the shift to paperless processes, managers need to ensure that their approach to security has also developed. With more employees working remotely and connecting to shared networks, optimum productivity will be best achieved with compact devices suitable for home offices, as well as solutions that fortify the security of a wider network.

Investing in employee development

However, technology alone isn’t enough to inspire people. The second pillar of a magnetic workplace, employee engagement, is driven by people-centric policies. Empowering your team with flexible working arrangements and providing the platforms for them to enhance their skills will greatly increase job satisfaction. According to the report, 88% of employees would be drawn to a workplace that provides technology that allows them to learn new skills. The case is clear: investing in people can pay huge dividends.

The importance of workplace culture is key

The final pillar of a magnetic workplace is culture. While qualitative results and profit are the driving force behind a business’s success, its culture is a key element of sustainable success.

If an employee feels aligned with their organisation’s values and enjoys a strong work-life balance, they will feel a sense of belonging and loyalty toward the organisation. However, if employees feel disillusioned by their organisation’s lack of Corporate Social Responsibility (CSR) or commitment to diversity and inclusion, they may be lured by the prospect of greener grass elsewhere.

Whether an organisation is big on sustainability, social initiatives, or efforts to ensure a positive work-life balance for employees, these efforts can be the deciding factor for a prospective employee weighing up competing efforts.

Unlocking the power of a magnetic workplace

Rome wasn’t built in a day, and constructing the pillars of a magnetic workplace is a long-term commitment. While it may take time to see tangible results, investing in employee satisfaction and happiness is a clear-cut way to inspire your in-house talent and motivate the most experienced and competent applicants to join your team. These core pillars are a clear roadmap that businesses can use as they set out to become a magnetic workplace and increase their competitiveness.

If you’d like to learn more about this Economist Impact report and discover how Kyocera’s solutions can facilitate this process, you can head to our homepage.

Strive for success with world-class talent

Boost productivity and employee satisfaction by constructing the key pillars of a magnetic workplace:

  • Culture and values are key to magnetic workplaces

    Today’s professionals demand more than just a competitive salary.

  • The Magnetic Workplace Content Hub

    What is a magnetic workplace? How can your business become more attractive?

  • Sustainable success with people and technology

    Discover the policies that will be crucial to driving productivity and retaining talent.

  • How to increase your workplace magnetism

    When it comes to the magnetic workplace, there is no finish line.

Want to become a magnetic workplace?

If you have any questions about magnetic workplaces or the report itself, our team of experts are on hand to help.

Cookies and your privacy

We use: Essential cookies to maintain the proper functioning of our website; Statistical cookies to collect information about how you use our site, such as which pages you visit and which links you click on, to analyze visitor interactions with our website and generate aggregate, anonymized reporting to understand and improve our website; and Marketing cookies to tailor advertising to fit your demonstrated interests. Please use the 'Cookie Preferences' button to select your preference. Select 'Accept All' to experience our website with the functionality of all cookies or select "Essential Only" to limit functionality to maintaining the proper functioning of our website.

Cookie Preferences

Field is required

We use cookies to make sure that our website is working properly or, occasionally, to provide a service on your request (such as managing your cookie preferences). These cookies are always active unless you set your browser to block them, which may prevent some parts of the website from working as expected.

Field is required

These cookies allow us to measure and improve the performance of our website.

Field is required

These cookies are only placed in case you give your consent. We use Marketing cookies to follow how you click and visit our websites in order to show you content based on your interests and to show you personalised advertisement. Currently you do not accept these cookies. Please check this box if you would like to.