Thursday, June 3, 2010

Trust in Managers in Short Supply - Right Management

Trust in Managers in Short Supply - Right Management

Right Management News Release

Trust in Managers in Short Supply

PHILADELPHIA, PA – May 27, 2010 – Nineteen percent of employees “rarely” trust their managers to make the best decisions, according to a survey by Right Management. As many as 57% say they “occasionally” trust their managers. Right Management is the talent and career management expert within Manpower, the global leader in employment services.

The firm analyzed responses from more than 4,000 individuals throughout North America via an online poll conducted in partnership with LinkedIn®.

It is disturbing that only one-in-five employees ‘always’ trust their managers to make the best decisions,” said Douglas Matthews, President and COO at Right Management. “Employees at many companies are being strained by the level of change and restructuring in recent months. Effectively communicating change happening at the company can ease that strain and is at the heart of building and maintaining trust. Clearly, communication could be improved.”

Among key findings:

  • Thirty-one percent of senior executives (C-level and VP) “always” trust mangers’ decisions compared to only 22% of non-management employees.
  • Employees at smaller companies are more likely to trust their managers’ decisions (26% reporting “always”) compared to those at larger firms (only 20% reporting “always”).
  • Twenty-seven percent of workers aged 55+ “rarely” trust managers to make the best decisions, versus 15% of 18-24 year olds.

Matthews says that trust is a two-way street. “Employees need to trust that their managers have the capability to make the organization a success. And in return, managers must show that they have a plan, can articulate the plan to employees, and demonstrate that the plan is being implemented effectively. And in turn, leaders must also show that they trust employees to help drive the organization forward and make them valued partners in a common purpose. Employees want to know what the bigger picture is, and importantly, how they can contribute to that vision.”

“Trust is a key ingredient to produce high levels of employee commitment, pride and advocacy to both the job and the firm,” says Matthews. “Without it, engagement levels drop, as does company performance and profitability.”

Right Management surveyed 4,334 individuals via an online poll on LinkedIn® conducted between May 11, 2010 and May 19, 2010.

About Right Management

Right Management (www.right.com) is the talent and career management expert within Manpower, the global leader in employment services. Right Management helps clients win in the changing world of work by designing and executing workforce solutions that align talent strategy with business strategy. Our expertise spans Talent Assessment, Leader Development, Organizational Effectiveness, Employee Engagement, and Workforce Transition and Outplacement. With offices in over 50 countries, Right Management partners with companies of all sizes. More than 80% of Fortune 500 companies are currently working with us to help them grow talent, reduce costs and accelerate performance.

Media Contact: Helene Cavalli, Right Management, 215-640-7141 or helene.cavalli@right.com

Access Content Source: http://www.right.com/news-and-events/press-releases/item8361.aspx

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http://dreamlearndobecome.blogspot.com This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.

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