A good fit between employer and employee ups the chances that the employee will find his or her job fulfilling and be more productive. This was confirmed by a study sponsored by WorldatWork, “Organizational Culture and Total Rewards: Person-Organization Fit (2010),” which found that employees who share similar values with their organizations tend to be more satisfied with the total rewards packages offered by those organizations. And that kind of employee satisfaction enhances employee engagement.
But wait, it’s not as simple as it sounds. Surprisingly, the same study found that employees who are more satisfied with their organization’s standard benefits package are less likely to be engaged in their work. That’s because benefits packages, which are uniformly distributed among employees of a similar classification, are perceived differently than other rewards such as bonuses, which are performance based.
“This research has several practical implications for employers,” said Ryan Johnson, vice president of research for WorldatWork. “If organizations want to have engaged employees, it makes sense for them to attract and hire people who share similar values to the organization. It’s also important for them to offer a total rewards package tailored for their employees and not just a standard benefits package.”
Employee engagement is a key ingredient among workers who are committed to the mission and goals of their organization. Employees are more committed to organizations whose values align with their own. If an organization is socially minded, it would do well to hire employees who value corporate social responsibility. If a hospital’s mission is to provide integrated health care, it will have an easier time attracting and retaining physicians who value collaboration. If a company’s goal is to revolutionize digital music, it ought to hire creative people with an appetite for some risk.
Sounds like all one has to do to ensure productivity is to hire employees with similar values to begin with, right? Not necessarily, says Johnson.
“For innovation-driven companies, hiring like-minded employees could have a negative impact on innovation within the organization. You need to consider all the factors.”