Donor: Gemma McCall, CEO – Culture Change |
Gemma McCall, CEO – Culture Change
May 24, 2022
According to a new study, two-thirds of the UK workforce would not accept a job at a company known to have a toxic work culture.
As the “Great Resignation” continues to impact organizations nationwide, combined with skills shortages affecting most if not all sectors, there has never been more pressure on organizations to really understand what is important to their employees.
The impact software developer’s research finds that almost half (46%) of employees wouldn’t apply for a job at a company that had bad online reviews, let alone accept a job.
“Our research shows that employer branding can be tarnished due to a toxic work culture. However, as two in five employees in the UK have experienced negative behavior at work and 44% have witnessed problematic behavior , it is clear that leaders are not fully aware of the real impact that toxic workplace culture can have on their employees and their organization.
“From work-life balance to trusting their employers and colleagues, positive workplace experiences are more important than ever, yet leaders are failing to put measures in place to protect their employees. Not only does this impact an organization from an employer branding perspective, it can also impact investor appeal and lead to challenges when looking to attract new talent,” comments Gemma McCall. , CEO of Culture Shift.
New research published today finds that more than two-fifths (45%) of employees across the UK would leave a bad online review or warn people about applying for a job at a company because of a bad culture .
On how toxic crops affect the UK workforce, the research found:
- 44% witnessed problematic behaviors (such as bullying, harassment or discrimination) at work
- 42% have quit a job because of a poor company culture
- 36% confirmed that an incident, such as bullying, harassment or discrimination, at work caused them to not trust their employer
However, having a reputation for a toxic workplace culture not only impacts recruitment opportunities and employer brand, it also directly impacts an organization’s bottom line, both from the perspective of consumers than investors.
In fact, two in three investors (62%) say they would not buy a product or service from a company known to treat its employees badly, while nearly three in four investors (71%) would not invest not in a company problematic work culture.
“The true impact of a toxic work culture on an organization really cannot be underestimated. From influencing future candidates and investors to affecting the lives of those who experience or witness bullying, problematic workplace behaviors often have a lasting impact on an organization and its employees.
“The only way for organizations to reduce this risk is to commit to eradicating problematic behaviors in the workplace by putting culture at the top of their agenda. There will never be a one-size-fits-all approach for all organizations, but there are steps all leaders can put in place to ensure they protect their culture,” concludes Gemma.