Specifically, similar cultural variables (innovation, respect, customer focus, and performance rewards) that are significant for company performance are also positively associated with overall employee satisfaction. Additionally, employee satisfaction is highly correlated with company performance. For both technology and manufacturing, customer focus and respect were most positively associated with performance. Collaboration was found to be positively linked to performance in the manufacturing industry, but was associated with lower performance outcomes in the technology industry.
However, when regressions are run individually for individual industries, culture has different marginal effects. When industries are combined, it is concluded that customer focus, innovation, performance rewards, and integrity all increase company stock performance, whereas collaboration decreases stock performance. The Glassdoor Company Employee Company Satisfaction Rating was used to as the dependent variable for employee satisfaction rating was used as a dependent variable for satisfaction. Two dependent variables are used to measure company performance, stock growth and ROA. This data quantitatively measures nine dimensions of culture: agility, collaboration, customer focus, diversity, execution, innovation, integrity performance, and respect-assigning each company a score for every cultural dimension. It uses data from the MIT Sloan Management Review/Glassdoor Culture 500 database, which applied machine learning to analyze 1.2 million Glassdoor reviews. Additionally, it explores whether these elements of productive cultures are also associated with employee satisfaction. This paper examines the impact of culture and employee satisfaction on company performance it considers which elements of culture are most important in specific industries: manufacturing, technology, and finance.