Want to boost employee engagement and foster a more cohesive work environment? The key could be workplace transparency. A study by Future Forum found that employees who perceive their companies are transparent are twelve times more satisfied than employees with the opposite belief.
“People generally feel safer when they feel like they’re in the know or important information isn’t being withheld or concealed from them,” says Peter Phelan, founder and CEO of Values Culture, a talent management organization. “It can be a good motivator and source of alignment to communicate, so everyone’s on the same page.”
Before the COVID-19 pandemic, information was guarded and delivered to workers on a need-to-know basis. While employees have always desired transparency, workers now demand it from their employers.