Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Financial Planning > UHNW Client Services > Family Office News

Many Workers Distrust Employer Communications

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Jan. 7, 2004, 1:17 p.m. EST – Only 51% of U.S. workers believe their employers generally tell them the truth, according to survey results released by the Stamford, Conn., office of Towers Perrin L.L.P.[@@]

When researchers from Harris Interactive Inc., Rochester, N.Y., conducted a Web-based survey of 1,000 U.S. workers for Towers Perrin in mid-2003, they found that 51% believe their employers try too hard to spin the truth.

Another 19% of workers believe that their employers generally fail to tell employees the truth, the researchers report.

In other survey results:

- 48% of employees say they receive more credible information from their direct supervisors than they get from their companies’ chief executives.

- 64% of employees say they are more likely to believe information about their pay than they are to believe information about company direction and business strategies.

- Only 44% of employees who are over age 49 and only 44% of employees who earn less than $50,000 per year believe that their employers’ communications are honest.

“These results reveal a worrisome employer-employee dynamic that should be a wake-up call to any senior executive or leader who will need to communicate with employees in 2004,” Mark Schumann, a Towers Perrin human resources communication consultant, says in a statement about the survey results.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.