Ethics & Workplace Survey Finds Transparency Makes a Positive Impact on Employee Productivity

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<strong>New York &mdash; April 8</strong><br />Does transparency and openness by leadership lead to a more productive and engaging workplace? According to the findings of the &ldquo;Deloitte 2008 Ethics & Workplace&rdquo; survey, it does. What&rsquo;s more, it also leads to a more ethical workplace culture. <br /><br />Transparency in the workplace, as described by an open and honest communication channel between employees and leadership regarding work-life issues, has a significant positive impact on workplace culture overall. According to the survey, conducted by Opinion Research on behalf of Deloitte, 72 percent of respondents agree that if their boss was more open about his or her need to take time off during regular work hours for personal reasons, it would create a more engaging and productive environment. <br /><br />&ldquo;Today&rsquo;s workforce demands a more &lsquo;customized&rsquo; career path and a tremendous amount of flexibility,&rdquo; said Sharon L. Allen, chairman of the board at Deloitte LLP. &ldquo;One size fits all no longer attracts or retains the best talent. By promoting open and honest communications across organizations and setting the tone at the top, our survey tells us that the workforce of today can be motivated in different ways. This is increasingly critical to retaining talent and preserving the health of today&rsquo;s organizations.&rdquo;<br /><br /><strong>Transparency Makes Work a Better Place</strong><br />This year&rsquo;s survey also reveals that there is a strong relationship between greater openness and transparency by leadership and ethical behavior at work. In fact, 84 percent of respondents agree that openness by leadership contributes to a more ethical workplace culture. Moreover, 68 percent said it would create a more values-based organization.<br /><br />Another factor that leads to a more productive and engaging work environment is the ability to better balance work schedule and personal priorities. <br /><br />&ldquo;Many of today&rsquo;s employees are working hard to fit their work into their lives and their lives into their work. In fact, our survey findings prove that an overwhelming number of working adults, 81 percent, take advantage of customized work arrangements,&rdquo; added Allen. And while you might expect women to place more importance on these formal flex policies, a large portion of men, 74 percent, agree that they would be more productive and engaged at work if they could better balance their work schedule and personal priorities.&rdquo; <br /><br /><strong>Does Leadership Set Different Rules for Itself?</strong><br />Seventy-five percent of respondents say that, by and large, everyone in their office is treated equally when it comes to exercising flexible work options, but 50 percent feel that their bosses set different standards for themselves.<br /><br />Interestingly, assuming higher salary brackets are associated with greater leadership roles, four in 10 respondents with household of income of more than $75,000 annually seem to have an easier time balancing work with personal priorities compared with 29 percent among those who make between $25,000 and $35,000 per year. <br /><br /><strong>Methodology</strong><br />Opinion Research conducted this telephone survey on behalf of Deloitte LLP between Feb. 14 and 25 among a national probability sample of 4,035 adults, including 1,670 adults employed full-time of which 993 were men and 677 were women. Respondents were 18 years of age and older, living in private households in the continental United States. Sampling error is +/- 2.5 percent. For complete survey methodology, including weighting variables, contact Langdon Cook at 212-492-3992 or Cecilia Coakley at 201-964-2395. <br />

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