When it comes to retaining and engaging employees, trust and respect are two important concepts to take into consideration. Find out the top reasons why building trust and respect in the workplace, is more important than ever.
Trust and respect can only be earned and not demanded.
It all stems from the fact that — building a successful team takes more than just finding a great group of people with the right skillset.
From what I’ve seen, trust and respect in the workplace are paramount for building successful, productive teams and above all — for creating a culture of collaboration within your organization.
Before we tread on, here’s something to think about:
According to the Edelman “Trust Barometer” (an exhaustive survey of 33,000 people from 28 countries), one in three people don’t trust their employer.
As appalling as these numbers might be, this is sadly the ground reality of many organizations today.
In a fast-moving environment, where companies across many industries are accelerating their pace of transformation — fundamental values like these may end up falling by the wayside.
So, what’s at stake here? Well, other than the fact that your employees will be marching to a different tune; lack of trust and respect will dial-up stress in the workplace. This will also lead to secret agendas and brewing hostility among employees — which will create an overall unpleasant atmosphere. In situations like these, problems and conflicts are bound to creep in, eventually leading to burnout and attrition.
Trust and respect are two of the elemental forces that bind teams together — they help in cementing relationships in the workplace. This further cultivates a sense of belonging where people feel safe working together. In fact, employees are bound to respect leaders who create a safe work environment for them.
Moreover, with trust and respect in the backdrop, employees will be more comfortable engaging in open conversations. All this will improve efficiency, enhance job performance, and build a more committed workforce.
When you work towards building trust with your employees, you will not only benefit from an engaged workforce, but you will also notice how your teams are willing to come together and work towards the same organizational goals.
High-trust workplaces where employees respect one another will reap the greatest rewards. Here are some instances:
4 Characteristics Of High Performing Teams:They have defined roles and responsibilities. They know each others strengths and weaknesses. They trust and respect each other. They know how their work fits the mission.#leadership #teamwork #culture — David Burkus (@davidburkus) December 16, 2021
Here are 3 ways in which you can foster a culture of trust and respect:
By now you might be sold on the fact that trust and respect are the bedrock on which all winning relationships are built.
It all comes down to creating a workplace culture that is rich in diversity and inclusion, wherein trust and respect will come naturally to your employees. When you set out to achieve this, you will end up with a productive and innovative workforce.
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Chief Executive Officer, Opus