Motley Fool Workplace Culture in the News

We’ve been busy at The Motley Fool and reporters have taken notice. Here are a few stories we’ve appeared in recently that highlight some of the ways we’re trying to make Fools smarter, happier, and richer at work.

 

Inc Magazine

This Company Offered All of Its Employees $200 to Ask for a Raise

Yes, that’s right, we picked a day on the calendar and encouraged every Fool to ask for a raise. In fact, we paid them to ask for raise. Find out how the day went from the perspective of leadership and one of the Fools who asked for a raise.

 

LinkedIn Blog

How a “Foolish”Culture Became a Recruiting Powerhouse for This Finance Company

Wow! A recruiting powerhouse! LinkedIn takes a close look at our orientation process, how we built our Facetweetworthy culture, and more. With gifs!

 

 

Society for Human Resource Management Magazine

Profiles in Wellness: Four HR Leaders Taking a Holistic View

At The Motley Fool, we take employee health seriously. We know that everyone’s wellness journey is different and so, thanks to our Chief Wellness Officer Sam Whiteside, we offer as many opportunities as possible for all Fools to find their path to healthier living.

 

By the way, we are hiring, a lot! Check out all of our open positions at careers.fool.com.

 

 

 

 

 

Olympics Are Increasing Productivity

XBox as a sport?

XBox as a sport?Is the Olympics killing your business? Every two years, companies worry about the drop in productivity that might happen if employees focus too much on watching television and checking medal counts online. Even without the distraction of a major televised sporting event, lots of companies discourage time away from one’s desk. If you’ve been keeping up with this blog at all, you’ve probably already guessed that the Fool does things differently!

Obviously, companies want to get the most value out of each of their employees. But creating a culture of non-stop, nose-to-the-grindstone working isn’t going to accomplish that. Quite the opposite – a seemingly counterintuitive approach that allows for breaks will actually make your employees work harder and get more done. It’s science!

Study after study has proven that the best and most sustainable way to work is to take short breaks throughout the day. This system also works well when studying for a test – taking a breather after a burst of uninterrupted studying allows your brain to retain more information. And since sitting all day apparently will kill you, the occasional 10-minute stroll around the office park has even more benefits than helping clear your head.

Beyond just taking a break on your own, gathering around the water cooler with your colleagues goes far beyond looping you in on office gossip. It makes a company, overall, a happier place to work. And employees are still more productive than they would be without breaks!

At the Fool, we have televisions all over the office. Whether it’s the Olympics, March Madness, or presidential election coverage, Fools are welcome to take a break and watch some TV. It creates a more fun and trusting environment, and makes us all closer to each other!

So the next time your employees are gathered around the break room television cheering on Michael Phelps, you should join them. You’ll bond, you’ll relax, and you’ll return to your desk ready to tackle your work.

People Don’t Like to Be Told What to Do

Volunteerism

Fun timesWhen you were a kid, wasn’t it always more fun to play the games you wanted instead of what your parents told you that you had to do?

Of course it was.

So why do many employers in the corporate world today still try forcing their employees to do something they know they won’t like?

I find volunteerism to be an important part of individual success. My experience is that no one likes to be told what to do in any part of their life. (If you have kids, like I do, they can explain this to you in detail.) The reality is that once you are told what to do you become part of someone else’s vision. When you choose a path on your own,  it is your path – you have ownership over it and control over what you do with it. You become invested in the process and the outcome because you chose it.

Wharton Professor (and super cool guy) Adam Grant goes into some great detail about the affect this reality has on corporate giving programs in his report Giving Time, Time After Time: Work Design and Sustained Employee Participation in Corporate Volunteering. If you are a geeky people professional like me, you’ll enjoy the full read. Adam finds that, “In the absence of pressure, employees are more likely to feel personally responsible for the decision to volunteer, which will increase the likelihood of internalizing the volunteer identity.” He found that corporations got some short-term bumps when they put pressure on volunteering. But, long-term success increased when people chose their own direction.

If you know me, you know I love to recommend books that I haven’t finished reading yet. Well, I am in the middle of Multipliers by Liz Wiseman. It is also an awesome read, and so far, it reinforces much of how we operate at The Motley Fool. When describing some great leadership traits, Liz says that peoples’ best thinking should ” be given, to taken,” and that while a manager may be able to insist on a level of productivity and output, the employee’s efforts must be given voluntarily. She continues, “This changes the leader’s role profoundly. Instead of demanding the best work directly, they create an environment where it not only can be offered, but where it is deeply needed. Because the environment naturally requires it, a person freely bestows their best thinking and work.”

At The Fool,  we try to incorporate volunteerism in all of our projects and development programs.

 

I will always bet on the project led by the person who volunteered and has the passion for it, instead of the person who may be more skilled but was forced into the role.