Sunday, May 22, 2022

Toxic workplaces are a billion-dollar problem

  1. [I have no doubt is  billion-dollar problem!]
  2. "In dysfunctional, toxic and narcissistic groups, friendly empaths are outcasted and scapegoated while predators and bullies are popular and glorified." I can testify to that to be true!
  3. https://sylvieshene.blogspot.com/2015/02/stalking-soul.html?m=1
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  5. Disrespectful, or lacking in consideration, courtesy and dignity for others. The researchers' previous work found respect, or the lack thereof, was the single strongest predictor of how employees as a whole rated the corporate culture.
  6. Unethical behavior, including descriptions of the organization being dishonest or lacking regulatory compliance, including with Occupational Safety and Health Administration standards, which protect workers' safety, and the Health Insurance Portability and Accountability Act, which protects sensitive patient information.
  7. Cutthroat or backstabbing behavior and ruthless competition. Nearly 10% of employee reviews noted poor collaboration at their company, which didn't have a huge impact on turnover. But what did correspond with low culture scores and higher turnover was employees saying that their office was "Darwinian" or that colleagues often "stab each other in the back."
  8. Abusive management, including bullying, harassment and hostility. Nearly one-third of Glassdoor reviews discuss management in general, but 0.8% described their manager as abusive.

When people quit due to a toxic work culture, it's as much of a human cost as it is a business one.

Employees who work in toxic environments have higher levels of stress, burnout, mental health issues and other stressors that can lead to poor physical health.

The Society of Human Resources Management estimates that 1 in 5 employees have left a job at some point in their career because of a toxic culture, which cost businesses more than $44 billion per year prior to the Great Resignation.

Disengaged and job-searching employees means lower productivity, and replacing an employee can cost up to twice the employee's annual salary, according to Gallup.

With the business world focused on retention and hiring these days, researchers on the MIT analysis say organizations must set up and model a supportive, inclusive culture as the pandemic reshapes how we work.

They also recommend leaders break down how people rate company culture, like by geographic region, department, function or level of seniority, to find "microcultures" where employees don't feel psychologically safe and supported. "Even in relatively healthy organizational cultures, even a small share of people who describe the culture as toxic can drive attrition," Sull says.

Read more in the link below:

https://www.cnbc.com/2022/03/31/these-are-the-5-biggest-signs-of-a-toxic-workplace.html



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