New research published today (September 1st) shows that employers who have adopted measures such as flexible working practices following the recession are more likely to have positive working relationships with their staff.
According to the study published by the Institute of Leadership & Management (ILM) - the UK's largest management body - and Management Today magazine, organisations that have reacted to the global economic downturn by opting for approaches to appease their workers are in a better position to flourish thanks to their higher Chief Executive Officer (CEO) Trust levels.
The survey involved ILM and Management Today questioning 5,000 employees and found that trust from workers towards their bosses who have launched flexible working initiatives or budget cuts as opposed to office closures or involuntary redundancies have a CEO trust rating of 68 on a scale of one to 100.
This is above the average score of 63 and is higher than the total garnered by employers taking steps such as enforced redundancies, which was 51.
Penny de Valk, chief executive of ILM, commented: "To boost trust it is important for senior managers to increase their visibility and communicate effectively with staff."
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Posted by Daniel Stevens