Declining Employee Trust Poses Threat

October 2002
Financial Executive;Oct2002, Vol. 18 Issue 7, p10
Academic Journal
This article focuses on the relationship between employee trust and confidence and financial performance of a company. A survey of nearly 13,000 workers, conducted by Watson Wyatt & Co., worker trust and confidence in senior management has fallen to record lows. Two out of five of the respondents say they trust senior leaders at U.S. companies and there was a drop in employees who say they have confidence in the performance of senior management and the that their companies conduct business with honesty and integrity. Ilene Gochman, Watson Wyatt's national practice leader, says this can affect stock price and the company should focus on communication.


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