WAYNE, Pa. (June 5, 2007) - Research conducted by the Kenexa Research Institute (KRI), a division of Kenexa® (NASDAQ: KNXA), a leading provider of talent acquisition and retention solutions, evaluated how workers view their organizations with regard to ethical practices and conduct. The report is based on the analysis of data drawn from a representative sample of 10,000 U.S. workers who were surveyed through WorkTrends™, KRI’s annual survey of worker opinions.
After the code of conduct is agreed upon and distributed, can a company stop worrying about the effects of not being ethical? According to the latest research, having an ethical culture has a positive influence on almost all aspects of how an employee views their organization. Employees who work in strong ethical cultures are almost twice as likely to say they intend to stay with their organization as are those working in weak ethical cultures.
The impact of working within a strong ethical culture can be seen in how employees rate their level of pride in the organization, confidence in its future, and overall satisfaction. Organizations with strong ethical cultures outscored those with weak ethical cultures by more than 50 percentage points on each of these key employee relation indicators.
The results indicate that among U.S. workers, just over half rated their organizations favorably overall in providing an ethical culture. Workers rated their organizations most positively on serving the needs of multiple stakeholders and on senior management’s support for ethics.
Views of ethics in the workplace vary widely between the different levels and types of employees and across the different types of industries. Executives and senior managers are much more likely to rate their organizations favorably than laborers, operators, and those who work in the skilled trades. Workers in the financial services, health care products, and banking industries rated their organizations as more ethical than those in the manufacturing and food industries.
“Establishing an ethical culture has more influence on an organization than just adopting the Sarbanes Oxley requirements. It is interesting to note that an employee’s feelings about ethics are closely related to their beliefs or perceptions about how an organization is performing, their overall satisfaction, and their intent to stay or leave,” said Jack Wiley, executive director, Kenexa Research Institute.
About Kenexa
Kenexa Corporation (NASDAQ:KNXA) provides outsourcing, employee research and software to help organizations more effectively recruit and retain a productive workforce. Kenexa solutions include applicant tracking, employment process outsourcing, onboarding, skills and behavioral assessments, structured interviews, performance management, multi-rater feedback surveys, employee engagement surveys, and HR Analytics. Headquartered in Wayne, Pa. (outside Philadelphia), Kenexa employs more than 1,200 people worldwide. More information about Kenexa and its global locations can be accessed at www.kenexa.com.
About WorkTrends™
The Kenexa WorkTrends™ database is a comprehensive normative database of employee survey results with comparisons on topics including leadership, employee engagement, and customer orientation.
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