Creating a purpose-driven workplace where employees are engaged, happy and understand the ‘why’ to what they do, can bring meaning and job satisfaction to the workforce.
‘The Best Place to Work’ shows leaders how to build workplaces where people feel content, energised, and engaged. It also shows employees how to be more effective and productive by making the most of their surroundings and taking charge of their own well-being.
Recently, Wema Bank received certification as a Great Place To Work for the year 2024 to 2025, marking its second consecutive year receiving the Great Place To Work (GPTW) certification.
Great Place To Work is recognised worldwide as the global authority on workplace culture. With a comprehensive assessment of organisational culture, practices and employee feedback, the certification serves as an unequivocal endorsement of an organisation’s positive work culture and commitment to employee well-being.
Wema Bank stated that “its remarkable track record reflects an unwavering commitment to employee well-being and positive work culture. The bank currently offers one of the longest standard leave days in the industry, provides employees with a Cost-Of-Living Adjustment (COLA) to cushion the impact of economic fluctuations, provides employees with a standard crèche for their infants and a fully equipped gym for fitness enthusiasts, and within the year, also increased salaries for Non Full-Time Equivalent (NFTE) employees.”
The MD/CEO of Wema Bank, Moruf Oseni, attributed the two-time certification to the Bank’s deep-rooted commitment to employee wellbeing, saying that “at Wema Bank, we understand that our exceptional output as a Bank is a result of the dedicated input of our employees, the Wema Bank Knights, and we acknowledge the indispensable role they continue to play in our growth and success as a Bank.
“This is why we continue to pull all the stops in providing an enriching, productive, supportive and fulfilling work experience for our employees. This is a commitment that we will never compromise on.”
Oseni added that “this certification not only attests to our dedication to fostering a culture of excellence and empowering our employees with the best quality of work experience towards their personal and professional success, but also drives us to keep up the good work and exceed even more goals and expectations in enhancing employee experience.
“We take this as a challenge to go above and beyond in providing a fulfilling work experience for every Wema Bank employee and we trust that the strength of our internal framework will continue to reflect positively externally as we fulfil our lifelong goal of providing optimum value for every stakeholder of Wema Bank.”
Qualities That Make A Company A Great Place To Work
Strong Leadership: Strong leadership is essential to creating a great workplace culture. Leaders should prioritise employee well-being and understand that happy employees lead to a successful company. They should provide clear direction and set achievable goals, creating a positive work culture that fosters workplace productivity and innovation.
Open Communication: Communication is essential to building a successful and productive workplace culture. Organisations should foster open communication channels that encourage their employees to share their thoughts, ideas, and concerns with ease.
Continuous Learning; Organisations should believe in investing in their employee’s growth and development to foster a culture of innovation and creativity.
Work-Life Balance; Organisations should understand the characteristics that make a company great place to work & how important it is to maintain a healthy work-life balance is vital for our employees’ overall well-being and productivity. They should foster a culture that prioritises flexibility in work arrangements to ensure our employees can balance their personal and professional lives.
Recognition and Rewards: Companies should value their employees and recognises their hard work and dedication. One way they can do this is through their Reward & Recognition Program.
Diversity and Inclusion: What makes a great workplace is diversity and inclusion as its fundamentals. Employees should believe that diversity drives innovation & creativity, and they should actively seek to recruit talented individuals from all backgrounds, races, genders, and identities.
Employee Wellness & Good Workplace Culture: This is essential to creating a great workplace culture. Companies should prioritise employee wellness by offering various initiatives to support physical and mental health.
In conclusion, by fostering an environment of strong leadership, open communication, growth opportunities, work-life balance, recognition and rewards, diversity and inclusion, and employee wellness, organisations create a workplace that is more than just a job.
