Competition for quality employees has driven many companies to improve their workplace cultures and drive innovations that will attract talent and help their bottom lines, according to Fortune.
Executives came together during Fortune's CEO Initiative in San Francisco July 17 to discuss the ways their companies are changing workplace culture:
1. Aneel Bhusri, CEO of Workday, says his company has emphasized teaching newly hired managers about company values and celebrating those employees who exhibit such virtues.
2. Heather Brunner, CEO of WP Engine, has worked hard to drop her biases around traditional hiring practices and no longer requires new employees to have a college degree or a certain work background, instead emphasizing company values during the hiring process.
3. Deloitte U.S., under CEO Cathy Engelbert, launched the "Culture of Courage" initiative, which created inclusion councils for employees of various backgrounds and perspectives to address previously avoided issues.
4. Tony Prophet, the chief equality officer at Salesforce, created an interfaith group called FaithForce to provide a resource to employees of all different religions.
"We need to be creating environments where people can be themselves and bring their full selves to work. You’re paying them. You’re giving them benefits. Why not get all of them? Why get 70 percent of them?" said Michael Bush, CEO of Great Places to Work, according to Fortune.