What’s going on:
Layoffs can quickly cause a sense of distrust among employees. Achieving and keeping their trust is not only beneficial, but essential for staff retention. One survey revealed that a shocking 77% of respondents have left or would leave their job if they felt distrusted. An even more staggering 74% of those polled have experienced distrust from their employers.
More than half of employees feel a sense of distrust when micromanaged, and two-thirds seek employers that trust them enough to empower decision-making. Managers hoping to foster an atmosphere of trust should be aware of not requesting too much reporting.
Why it matters:
To ensure business continuity during economic downturns, it is imperative to retain top talent and ensure their job satisfaction.
Recent statistics reveal that a whopping 95% of employees view trust and autonomy in their job roles as very important, with 71% deeming it absolutely essential.
How it’ll impact the future:
Allowing flexibility, both in terms of when and where work is done, is an important part of a trusting workplace. Employers should have faith that their staff will do their jobs, no matter what time they’re logged on.
The statistics show that employees recognize the importance of their individual contributions, and the most cohesive teams will be those built upon a foundation of mutual trust.
