After uploading a new Foolosophy video on the importance of Foolish recognition, we were delighted to see a sweet shout-out from our friends at YouEarnedIt. We implemented their employee engagement tool last year and Fools have been big fans since day one. This online app allows Fools to recognize fellow coworkers for jobs well done with “gold,” which can later be cashed in for prizes. So what’s in our YouEarnedIt redemption vault? Some pretty amazing stuff like Amazon gift cards, subscriptions to BarkBox and Beer of the Month Club, SouthWest Airlines vouchers, and much more! High-value rewards include a trip to our FoolUK office in London and a 3 day weekend in NYC for two.
While these prizes are awesome, it’s the reason behind why Fools give gold that really matters. Even the little tasks deserve recognition, and now we can thank fellow Fools through YouEarnedIt. A public feed is active all day long so that we can keep up with the great work Fools are doing all over the world. In just a year, nearly 13,000 pieces of recognition have been sent – wow!
Receiving and sending gold excites Fools, plus our prizes inspire everyone to work even harder. Happy employees lead to a more engaged work environment and that’s what we’re all striving for, right?
We’re featured on Glassdoor’s Recruiting Blog today to share our top 5 strategies for how to be a better place to work. We spill (some) of our secrets for enhancing employee engagement, company transparency, and workplace culture. You don’t want to miss out, so click here to read our tips!
Do you have any advice that can help organizations improve for the better? Please share below, and don’t forget to Fool On!
Have you heard the exciting news? Glassdoor has named us the #1 company to work for in America – for the second year in a row! Out of more than 125,000 companies eligible to win, The Motley Fool was ranked highest by those who know best – our Foolish employees.
Winners were determined based entirely on accurate and approved company reviews submitted to Glassdoor between November 13, 2013 and November 2, 2014. All of the reviews remain absolutely anonymous, and The Motley Fool took the top spot on the list for companies with fewer than 1,000 employees.
What makes a company the best place to work? Besides a motivating company mission, employee engagement and workplace culture are also major factors. Head People Fool Lee Burbage adds,”We don’t believe perks drive our employee engagement, but feeling like your leadership team cares about you and what you want or need to be happy does drive engagement.” Our CEO Tom Gardner and a few other Fools share more in this exciting video:
Thanks to Fools near and far that contributed to our success. Fool On!
Now The Motley Fool’s Chief Communications Officer, Adrienne began her Foolish career 7 years ago as an Executive Assistant. Over her time at FoolHQ, Adrienne has also excelled as a project manager and publisher within our editorial business. She recently spoke on how she shaped her dream career to conference attendees in the executive support field.
By Adrienne Perryman
“Don’t let him keep you down!”
I emphatically said this with hands on hips – head shake and all – in front of a crowd of 250. The comment, which surprised me as it exited my own mouth, was followed by “I think it’s about time for you to start looking for a new job!” The cheers of the crowd, which was mostly comprised of women in blazers and 1 inch pumps, signified overwhelming agreement.
This kind of support in a public forum would normally be pretty awesome. But it upset me.
It’s 2014 – having a boss that won’t let you advance in your career is so out of style, Mr. Executive. And women in support roles, you’re not helping yourself either.
My agitation grew when another woman approached me after my speech with the same issue. And then another. It wasn’t just the one woman in the crowd who felt compelled to speak up about her stubborn, selfish boss who was hesitant to let her take on extra projects for their own selfish reasons. There were many. And I found myself repeating similar advice that I uttered on stage.
“It’s time for you to move on.”
“Find someone who will appreciate your interests and encourage growth.”
I felt like I was giving relationship advice. But these were hard working, eager, smart, educated women – all women – who wanted to know how to convince their bosses that their development is important.
Thankfully, this concept of not being allowed to grow, develop, and eventually move into my dream role is foreign to me. I started as an Executive Assistant at The Motley Fool 7 years ago and, from day one, was encouraged by my boss and co-workers to try new things. To use my position as a launching pad into other areas of the business; learn the business and develop to my full potential; take classes in our internal university; and talk to Fools about my development and how I can progress.
This development approach is unfamiliar to many employees, which seems confusing to me. Similar types of career barriers are a reality for millions worldwide. Why don’t executives realize it’s for their own good that their assistants love working for them, rather than feel hindered by their management?
If you’re a manager of someone…develop them. For goodness sake, don’t hold them back! Would you like that if you were in their position? Encourage it. Incentivize it. I’m confident that if your employee is proactively reaching for more, they’ll go to great lengths to make sure your calendar, project, or needs won’t suffer. You’ll survive. And you might actually have an employee who will work harder for you because they appreciate the opportunity you’ve given them.
Attention! You Own Your Career
If you are stuck under the sticky thumb of your boss, do something about it. Have an honest conversation with your boss about your concerns, and take a plan with you to that meeting to help show them you’re capable of doing more – and that nothing will suffer because of it. Own your career. Don’t wait for someone to wake up to the fact that their style is so outdated. Make the change happen. Be the change you want – or find a new job where your development is a priority.
Maybe a version of “Bring Your Kids to Work Day” was part of your childhood, and The Motley Fool certainly continues this tradition every summer. We recently turned the tables and organized “Bring Your Adult Family to Work Day,” which hosted Foolish spouses, siblings, and parents. This event, the first held at the Fool in a few years, left everyone impressed – and informed. Financial breakout sessions, a company-culture breakdown, and lunch over a live taping of Motley Fool Money gave family members a glimpse into Fools’ lives here as employees.
Considering that only 1% of U.S. companies host such an event, it’s not surprising that many of my friends were unfamiliar from their own work experiences. However, more companies are inviting parents into the workplace. Google and Starbucks held their first parent events in 2012, and LinkedIn recently hopped on the bandwagon. Last November, LinkedIn hosted the company’s first “Bring In Your Parents Day,” which allowed guests to tour the campus and mingle with staff. In short, it sounded quite similar to our event – except for LinkedIn hosted nearly 600 family members.
Interestingly enough, there was once a time when companies didn’t roll out a welcome mat for employees’ parents. Managers saw them as a burden, furthermore “The hyper-involved moms and dads of the millennial generation were said to be showing up at job interviews, calling hiring managers on behalf of their kids and even complaining to employers about their children’s salaries.” The tides have turned and organizations are now embracing the idea of parents in the workplace – every so often, at least. Some argue that if employees’ parents appreciate the company, those staff members will be happier and more connected to the organization. The Washington Post feature continues, “If there’s any common theme to why companies have started involving parents more, that’s it: Showing the workplace off to parents, and better communicating with them, could stoke higher engagement among employees and make them less likely to leave.”
There’s a happy medium that can be found in parents’ workplace involvement. Our event was meant to be something fun and casual for Fools and their loved ones to enjoy. To take the idea a step further, Northwestern Mutual sends optional e-newsletters to parents and also organize recognition dinners, while Google offers the option of sitting down alone with their child’s manager.
It’s clear that companies can approach this type of activity in different ways. Can you see the benefits of hosting a parents’ event at your workplace? Why or why not?
The Motley Fool isn’t the only company that has built a fantastic culture, but sadly there aren’t enough of us. Countless studies show that employees are lacking engaging and healthy work environments. An interesting New York Times piece, Why You Hate Work, digs deeper into these disadvantages, mentioning faults that stem from the rise in digital technology, increased competitiveness, and our post-recession economy.
Author Tony Schwartz argues simple solutions that, if introduced, could make a huge difference in corporate environments. His suggestions ring true during a time when workplaces actually have the opportunity to evolve. It’s not necessarily a world of suits, ties, and strict regulations anymore.
In Schwartz’s opinion, companies should measure employees not hourly but by the value that they create. He explains, “To the extent possible, let them decide where to do their work, and when to do it, as long as they meet deadlines.” Trust is a huge component, and The Fool’s flexible scheduling speaks to Schwartz’s point. We throw traditional 9-5 calendars to the wind by allowing our employees to manage their own time. With this flexibility comes the expectation that employees are striving to produce their highest quality of work. Because everyone has different work styles, we also offer quiet spaces that offer a break from our open office, as well as the tools to work from home.
We believe in transparency, a point that Schwartz addresses in his column. He notes, “…seek to define all jobs in ways that feel meaningful and significant to people.” Fools are encouraged to establish honest relationships with their managers, making it easy to communicate about goals, projects, and ideas. If a Fool isn’t happy, our People Team wants to help. We organize feedback sessions to connect with Fools about their job path and progress, and recently implemented an internal reward service that allows Fools to publicly recognize others with “gold” for a job well done. Gold can be spent on gift cards for a variety of stores, and the entire process makes receiving Fools feel happy and valued.
However, it’s an unfortunate fact that all workplaces can’t — or will not try — to implement a progressive culture for employees. In addition to cynicism and anger, decreased energy is a common symptom of workplace unhappiness. To combat these signs, Schwartz suggests using 15-25 minutes for rest or an outdoor walk to increase productivity and alertness. The warmer weather has inspired a Fool Walking Group, which takes 30-minute outdoor strolls twice a week. We also have the Reading Room, a quiet space for better concentration that doubles as a place to take a power nap. Our culture encourages Fools to be comfortable enough to always take the necessary time for rest.
Schwartz’s article is one of many that shows how corporate cultures are changing. The Fool is on top of preserving Foolishness, from showing appreciation to our employees to trying out new, fun ideas in the office. Hating your job is the last thing The Fool would ever want, and we’re constantly on the search for ways to top the happiness scale.