There's a great, big CREDIBILITY GAP between what employers tell employees and what employees believe about what they hear. That's a major conclusion of a survey conducted by the consulting firm Towers Perrin.
Here are key findings of the survey of 1,000 working Americans in U.S.-based firms with at least 1,000 employees (responding in an online survey conducted by Harris InterActive):
The Towers Perrin survey report states: "Our survey suggests leaders confronting this age-old dilemma would do well to be more forthcoming with employees — about the company's prospects, about what it expects from and offers employees and even about the future of their jobs. Indeed, the vast majority of the employees surveyed say they are ready to hear the truth about their companies, their rewards (pay and benefits) and their job outlook."
The Towers Perrin report concludes: "... the survey respondents appear to feel that their employer is least truthful when communicating about the fundamental 'deal' between the company and its employees — what the company needs from its employees and what employees can expect to receive in return." The study shows that "only half of the employees surveyed believe the company is open and honest in communicating what the organization needs from employees."
What can an employer do? Towers Perrin recommends these steps to improve the effectiveness of employer communications to employees:
These perceptions (revealed in the Towers Perrin report) suggest a troubling lack of employee faith regarding corporate honesty and the foundations of the employment relationship.
Says Mark Schumann of Towers Perrin: "These results reveal a worrisome employer-employee dynamic that should be a wake-up call to any senior executive or leader who will need to communicate with employees... Regardless of the topic, an organization will find it difficult to motivate, engage and retain their most talented employees if their messages are not believed."
Get in touch today and find out how we can help you meet your objectives.