employee engagement insights from the 2013 edelman trust barometer

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ALL CONTENTS OF THIS PRESENTATION REMAIN THE INTELLECTUAL PROPERTY OF EDELMAN AND MAY NOT BE REPLICATED WITHOUT PRIOR PERMISSION Employee Insights from the 2013 Edelman Trust Barometer Employee Engagement Practice

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A highlight of the key employee engagement findings from the 2013 Edelman Trust Barometer and actions companies can take. Learn more about Trust in Employee Engagement: http://edl.mn/Zat6zi

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Page 1: Employee Engagement Insights from the 2013 Edelman Trust Barometer

ALL CONTENTS OF THIS PRESENTATION REMAIN THE INTELLECTUAL PROPERTY OF EDELMAN AND MAY NOT BE REPLICATED WITHOUT PRIOR PERMISSION

Employee Insights from the 2013 Edelman Trust BarometerEmployee Engagement Practice

Page 2: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

About the 2013 Edelman Trust Barometer

13th annual survey and the largest global exploration of trust, with 31,000+ respondents in 26 countries

This year’s data reveals a crisis of crisis of leadership, leadership, indicating the need for organizations to rebuild executives’ internal credibility, reinforce ethical behavior and adopt an inclusive inclusive management management approach

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Page 3: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Employees with technical expertise are far more trusted than top executives

Employees continue to be a steady, reliable source of information, especially compared to the CEO

20132012

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Page 4: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Regular employees have three times the credibility of the CEO on working conditions

Who is Trusted MOST to provide you with credible and honest information about:

Company’s CEO

Company’s Employee

Activist Consumer

AcademicMedia

Spokesperson

A company’s employee programs, benefits & working conditions

21% 63% 16% 13% 11%

How a company serves its customers and prioritizes customer needs ahead of company profits

19% 30% 44% 16% 15%

A company’s situation in a time of crisis 30% 35% 18% 22% 23%

A company’s innovation efforts and new product development

31% 31% 27% 25% 13%

How a company uses its resources and influence to support the environment

21% 26% 34% 27% 13%

How a company supports programs that positively impact the local community

22% 27% 35% 20% 23%

Partnerships with NGO’s and effort to address societal issues

25% 20% 25% 23% 15%

A company’s financial earnings & operational performance 34% 27% 23% 23% 12%

A company’s business practices, both positive & negative 23% 36% 29% 21% 15%

Accomplishments about a company’s senior leadership 35% 34% 17% 19% 19%

Employees are one of the most credible voices on a variety of topics, especially work environment

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Page 5: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Companies are largely perceived as failing to treat employees well

GapImportancePerformance

Biggest gap in survey between expectations vs. performance in study

5

-22

-32

-37

-36

-30

-33

-31

-33

-27

-23

-24

-11

-15

-16

-10

-18

Page 6: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Executives and regular employees disagree on the importance of treating employees well

1Listens to customer needs and feedback 56%

1 High quality products or services 56%

3 Has ethical business practices 54%

3Takes actions to address issue or crisis 54%

5 Places customers ahead of profits 53%

5 Treats employees well 53%

7Communicates frequently and honestly 51%

7 Has transparent and open business 51%

7Works to protect/improve environment 51%

10 Addresses society's needs 47%

10Positively impacts the local community 47%

12 Innovator of new products 45%

13 Highly regarded, top leadership 44%

14 Delivers consistent financial returns 40%

15 Ranks on a global list 38%

16 Partners with third parties 35%

1 High quality products or services 63%

2Listens to customer needs and feedback 62%

3 Treats employees well 61%

4 Places customers ahead of profits 58%

5 Has ethical business practices 57%

5Takes actions to address issue or crisis 57%

7 Has transparent and open business 56%

8Communicates frequently and honestly 53%

8Works to protect/improve environment 53%

10 Addresses society's needs 47%

11Positively impacts the local community 46%

12 Innovator of new products 43%

13 Highly regarded, top leadership 39%

14 Partners with third parties 36%

14 Ranks on a global list 36%

14 Delivers consistent financial returns 36%

Executives Employees

Executives rank it 5th, while employees rank it 3rd in prioritization of trust attributes

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Page 7: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Regular employees are far more skeptical than executives of all sources of informationExecutives more likely to trust the CEO and regular employees

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Page 8: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Executives and employees blame different issues for their distrust in business Employees point to wrong incentives, while executives blame fraud, transparency issues

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Page 9: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Three key actions to build trust

Use storytelling to demonstrate integrity in action

Employees with employees

Employees with world

Employees with company

Encourage a culture of inclusive management

Leverage employees ambassadors strategically where they have credibility

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Page 10: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Use storytelling to demonstrate integrity in action

Employees with company

• Pair key messages with key stories from leaders’ actual experiences

• Coach executives to mine their professional lives for anecdotes that demonstrate what company strategy, values and culture mean to them

• Storytelling on ethics, compliance and integrity reinforces culture without lecturing

Storytelling prompts

Talk about a situation where you were faced with a difficult decision and used your values to make a choice.

Describe a time your parents taught you the meaning of an important value.

Tell us about one of your role models and something specific they did to earn your respect.

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Page 11: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Encourage a culture of inclusive management

• Invite a variety of voices to the decision-making table and listen to them

• Allow employees to have a say in decisions that affect them

• Regularly monitor employee sentiments internally and externally (Yammer, online focus groups, employee user groups, job-rating rates

• When possible, act on feedback

Employees with employees

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Page 12: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Leverage employee ambassadors strategically where they have credibility

• Tap employees as ambassadors on their company experience, benefits programs, culture and working conditions

• Leverage employees in recruiting; enlist volunteers to interact with candidates via the company’s digital and social channels

• Showcase the “people behind the products” for innovation storytelling

Employees with world

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Page 13: Employee Engagement Insights from the 2013 Edelman Trust Barometer

© Edelman Employee Engagement Practice, 2013. All rights reserved. For more information, contact [email protected].

Edelman’s Employee Engagement Practice helps companies create employee connections that deepen engagement, increase trust and accelerate business performance.

Contact us: [email protected] the web: ee.edelman.comComplete information on the Trust Barometer: trust.edelman.com

For more information

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