Benefits November 20, 2008
Talk, Talk, Talk to Boost Morale
November 20, 2008 (PLANSPONSOR.com) - A new survey
sponsored by Accountemps suggests frequent dialogue with
employees may be the best way to raise their
spirits.
Reported by Rebecca Moore
Nearly half (48%) of executives interviewed cited better communication as the best remedy for low morale, while one-third of respondents said lack of open and honest communication with staff members tops the list of management missteps that can erode morale, according to a press release.
Other remedies for low morale cited by respondents included:
- Recognition programs: 19%,
- Monetary awards for exceptional performance: 13%,
- Unexpected rewards (e.g., gift certificates or sporting event tickets): 11%,
- Team-building events or meetings: 5%, and
- Additional days off: 3%.
When executives were asked, “Which one of the following has the most negative impact on employee morale?” their responses included:
- Lack of open, honest communication: 33%,
- Failure to recognize employee achievements: 19%,
- Micromanaging employees: 17%,
- Excessive workloads for extended periods: 16%, and
- Fear of job loss: 14%.
The survey was conducted by an independent research firm and is based on interviews with 150 senior executives from the nation’s 1,000 largest companies.
You Might Also Like:
Benefits |
DOL Sues Blue Cross Blue Shield Minnesota for Collecting $66.8M in Provider Tax
The Department of Labor filed a lawsuit against Blue Cross Blue Shield of Minnesota, claiming the third-party administrator became a...
Products |
Lively Launches Lifestyle Spending Benefits for Plan Sponsors
Employers can offer one of the new lifestyle spending accounts starting October 1, with the rest to debut by the...
Corebridge Hires Chris Smith to Replace COO Mia Tarpey
The financial services firm spun off by AIG, which Tarpey will rejoin, has already filled its chief operating officer position.