What is the importance of trust between organisations/managers and employees
Monday, 25 August 2014 00:00
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An extract from the internet, which emphasises the importance of building trust in an organisation:
If employees trust their organisation/manager, they will do a lot….. maybe do anything for you!
Trust is the root cause for your people to give their best, stay and advocate you. It is the key to new people choosing your organisation.
In fact, trust drives 75% of employee engagement and its resulting attitudes and behaviours. Higher levels of trust translate directly into:
Higher productivity
Willingness to change and support in transformation
Desire to stay longer
Advocacy to other potential employees, customers and public
Higher compliance and less fraud
Watson Wyatt found that organisations with higher trust levels perform 248% better.
Trust can not be left to being somewhat covered. Trust can’t be left to intuition and individual talent.
Trust building has to become a core technical skill of the organisation the employee and senior management, because it is probably the most cost and resource efficient way to achieve performance improvements and progress change.
