Higher job satisfaction and retention: Studies show that job satisfaction is directly impacted by an employee’s trust in their manager.Increased employee engagement: A Deloitte study found that when employees trust their employers, their engagement level increases by up to 20%.Top companies know employee trust is vital Why does workplace trust impact profits? What is the current state of employee trust? And how can businesses increase employee trust in leadership? Stick with me, and I’ll cover all that and more. The top 100 companies that rank highest in this trust-based ranking system beat the average annualized returns of the S&P 500 by a factor of three. High-trust companies deliver higher profits. The Great Place to Work Institute partners with Fortune annually to determine the “100 Best Companies to Work For.” Can you guess what makes up two-thirds of the criteria? Trust. The best companies cultivate employee trust. The truth is, they’ve learned the secret I will let you in on: employee trust is vital for corporate success. In corporate offices and Zoom meetings across the globe, leadership teams are strategizing how to build employee trust.Īre these leaders all having a breakthrough in empathy for their team simultaneously? Unlikely.
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