GlobeNewswire by notified

Psychological Safety in Today’s Global Workforce

Share

Workplace Options (WPO) Debuts Data-Driven Study Across 9 Nations; Explores Workplace Issues, Need for Inclusive Leadership, and Renewed Commitment to Human-Centered Wellbeing

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Amid mounting pressures and unprecedented challenges across the globe, psychologically safe workplaces have become a necessity for building organizational resilience and sustainable success. Leaders at every level recognize that they need to cultivate cultures of trust, openness, and inclusivity, where every voice is heard, valued, and respected.

The financial consequences are straightforward: Psychological safety is the lynchpin of employee engagement and the heart of bottom-line business results. The benefits range from talent retention and enhanced innovation to better customer service and stronger brand value.

Data Directly from Employees – Not Surveys or Opinions
As the largest independent provider of customized and localized wellbeing services, with more than 116,000 clients serving 79 million people, Workplace Options (WPO) has deep insight on global psychological safety, derived from data via the human-to-human counseling our clinical team conducted with in nine countries: Australia, Canada, China, France, Germany, India, Mexico, United Kingdom, and the United States.

The findings comprise the “WPO Psychological Safety Study: Global Context for Organizational Success,” a website and multimedia content hub that presents information on how psychological safety affects employees in different countries. The site includes multimedia resources, white papers, videos, articles, infographics, and other information on the global significance of psychological safety.

The “WPO Psychological Safety Study: Global Context for Organizational Success” can be accessed here: Psychological Safety.

“A culture built on psychological safety has immense value. Deep-rooted employee engagement leads to greater creativity, innovation, and an environment where people can be their authentic self in every aspect of their life,” said Alan King, President and CEO, Workplace Options. “The results from this study will help leaders and organizations make a transformative difference in people’s lives by building resilient cultures focused on wellbeing.”

Study Results – Comparing and Contrasting Workplace Concerns Across Countries
Individual country information has been derived from clinician engagement with customers, providing insight into workplace symptoms manifest in the employee’s emotions, cognitions, and attitudes toward work. These include: workplace stress, anxiety/panic, low mood, job performance, conflict/tension with manager, lack of recognition, and others.

Leaders can utilize the data to understand the challenges their employees face. For example, in Australia, “lack of recognition” is the top issue on employees’ minds. In contrast, employees in India identify “conflict/tension at work with manager” as their foremost issue. A company with operations in these two nations/regions can utilize the study results to gain deeper insight into strategies and tactics that will build psychological safety and organizational resilience.

CountryWorkplace Concern (By Prevalence)
AustraliaLack of recognition, Work-life balance, Job performance
CanadaConcerns with daily work activities, Job performance, Conflict of values/ethical climate in the company, Conflict/tension at work with manager
ChinaConcerns with daily work activities, Lack of recognition, Lack of professional development
FranceLack of professional development, Job performance, Concerns with daily work activities
GermanyWork-life balance, Job performance, Conflict/tension at work with manager, Concerns with daily work activities
IndiaConflict/tension at work with manager, Job performance, Work-life balance, Lack of professional development, Concerns with daily work activities
MexicoJob performance, Concerns with daily work activities, Lack of recognition, Conflict/tension at work with manager
United KingdomLack of recognition, Work-life balance, Concerns with daily work activities
United StatesWork-life balance, Job performance, Conflict/tension at work with manager


The Value of Psychological Safety

Given the constantly shifting global business environment, leaders must create workplaces centered on psychological safety, which is a cornerstone of inclusive leadership. Teams that feel psychologically safe are more innovative, productive, and resilient in the face of adversity.

“As part of an overall corporate wellbeing strategy on a global scale, it is important to create a framework that allows the cultures and practices to be considered and recognized at the local level,” said Mary Ellen Gornick, WPO Consulting Group Founding Partner. “The study gives leaders the information they need to create inclusive cultures in the locations where they have operations. But they should also keep in mind that variances might exist in how strategies are implemented at the country level.”

Benefits of psychological safety include:
– Deeper employee engagement: Greater creativity, innovation, and development of new products, services, and solutions.
– Improved Team Performance: Open communication, collaboration, and constructive feedback within teams.
– Increased Employee Engagement and Retention: Engaged, motivated, and committed to their roles and the organization leads to higher levels of job satisfaction, lower turnover rates, and greater retention of top talent.
– Enhanced Problem-Solving and Decision-Making: Open dialogue and the exploration of diverse viewpoints leads to more effective problem-solving and decision-making processes.
– Greater Employee Well-Being: Creates a supportive environment where individuals feel valued, respected, and cared for, resulting in lower levels of stress, anxiety, burnout, and promotes holistic health and wellness.
– Enhanced Organizational Resilience: Better equipped to navigate change, uncertainty, and adversity, employees feel empowered to adapt, innovate, and collaborate, creating agility and resilience in the face of external pressures.
– Improved Customer Satisfaction: Employees who feel supported and empowered are more likely to engage with customers in a positive and empathetic manner, leading to higher levels of customer satisfaction and loyalty.

About the Data
Workplace symptoms are the ways in which workplace stressors or uncomfortable working conditions manifest in the employee’s emotions, cognition, and attitudes toward work. Because employees contact WPO when they are under stress or need help, the company is in a unique position to observe the kinds of workplace issues and challenges that employees face.

The details with individual employees are confidential and are recorded in secure case notes to facilitate ongoing support. WPO also captures data in more quantifiable formats and report on these in aggregate (without compromising participant confidentiality) to help our customer organizations understand employee needs and recognize potential risks at the organization and location level.

We have limited our consideration to those countries where the sample size – the number of cases with work-related issues and symptoms – is sufficient to make variations in the data statistically significant.

ABOUT WORKPLACE OPTIONS
Founded in 1982, Workplace Options (WPO) is the largest independent provider of holistic wellbeing solutions. Through customized programs, and a comprehensive global network of credentialed providers and professionals, WPO supports individuals to become healthier, happier, and more productive both personally and professionally. Trusted by 56 percent of Fortune 500 companies, WPO delivers high-quality care digitally and in-person to more than 79 million people across 116,000 organizations in more than 200 countries and territories.

Contact:
Bob Batchelor, Director, Public Relations and Publications
Bob.Batchelor@workplaceoptions.com

Jennifer Dart, Corporate Communications Manager
Jennifer.Dart@workplaceoptions.com

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/cc6d9ccb-51a0-4dcd-9354-3428d0ed00f0

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

CNH NAMES GERRIT MARX AS CEO: Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan21.4.2024 18:21:00 CEST | Press release

CNH NAMES GERRIT MARX AS CEO Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan Basildon, April 21, 2024 CNH Industrial N.V. (NYSE:CNHI) announces the appointment of Gerrit Marx to the role of CEO effective July 1, 2024. He succeeds Scott Wine, whose request to leave the Company at the end of the current three-year business plan cycle to pursue other interests, has been accepted by the Board. Mr. Marx rejoins CNH from Iveco Group where as CEO he has led that company’s drive into a new era of connectivity, integrating the latest digital and data technologies with Iveco’s product offering. He has also chaired Iveco’s powertrain business overseeing its transition to alternative propulsion systems. Prior to first joining CNH in January 2019, Mr. Marx worked for 20 years in senior roles at McKinsey, Daimler Trucks, and Bain Capital, living in Brazil, China, Europe and Jap

Olof Persson to replace Gerrit Marx as CEO of Iveco Group starting from July 202421.4.2024 18:15:00 CEST | Press release

Turin, 21st April 2024. The Board of Iveco Group N.V. (EXM: IVG) (or “the Group”) announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE: CNHI) on 1st July 2024. Mr. Persson, who is currently an Iveco Group Board Independent Director, will step in to the role of CEO, having been closely involved in the development of the Group’s plans as presented at our recent Capital Markets Day. Suzanne Heywood, Chair of Iveco Group commented: “On behalf of everyone at Iveco Group I’d like to thank Gerrit for his energetic and successful leadership over the past two and half years and wish him every success in his new role. We are fortunate indeed that Olof, with his wealth of relevant industry experience, will step in as CEO and provide a guarantee of continuity in execution of the plans we presented in March.” Olof Persson said: “As a Board member I have been greatly impressed by the enti

Conferize A/S offentliggør aktieemission med fortegningsret for eksisterende aktionærer21.4.2024 17:48:46 CEST | pressemeddelelse

Selskabsmeddelelse nr. 11/2024 København, den 21. april 2024 IKKE TIL OFFENTLIGGØRELSE I USA, CANADA, AUSTRALIEN, JAPAN ELLER NOGEN ANDEN JURISDIKTION, HVOR FREMSÆTTELSE AF UDBUDDET VILLE UDGØRE EN OVERTRÆDELSE AF LOVGIVNINGEN I DEN PÅGÆLDENDE JURISDIKTION. Conferize A/S offentliggør aktieemission med fortegningsret for eksisterende aktionærer Bestyrelsen i Conferize A/S („Conferize“ eller „Selskabet“) har i dag besluttet at forhøje Selskabets aktiekapital med minimum nominelt DKK 2.000.000,00 og op til nominelt DKK 5.878.705,65 fordelt på minimum 200.000.000 stk. og op til 587.870.565 stk. nye aktier a nominelt DKK 0,01 („Udbudte Aktier“) med en tegningskurs på DKK 0,01 pr. Udbudt Aktie („Tegningskursen“) med fortegningsret for Selskabets eksisterende aktionærer i forholdet 1:3 („Udbuddet“). Brutto provenuet ved en fuldtegnet emission forventes at udgøre DKK 5,9 mio. Minimum udbuddet på DKK 2,0 mio. er garanteret gennem forhånds- og garantitilsagn. Selskabet har modtaget bindende forh

Correction to Company announcement – No. 23 / 202419.4.2024 22:20:51 CEST | Press release

Correction to Company announcement – No. 23 / 2024 Copenhagen, Denmark, April 19, 2024 – Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78), a Copenhagen-based biotechnology company focused on the discovery and development of innovative peptide-based medicines, has a correction to company announcement No. 23 /2024, April 19, 2024 - regarding transactions in Zealand’s shares or related securities conducted by persons discharging managerial responsibilities and/or their closely associated persons it was reported that member of the management, Henriette Wennicke, was allocated a total of 8,008 restricted stock units with a total value of DKK 9,577,568.00. The correct number was a total of 8,008 restricted stock units with a total value of DKK 4,788,784.00. Please see the attached file(s). # # # About Zealand Pharma A/S Zealand Pharma A/S (Nasdaq: ZEAL) ("Zealand") is a biotechnology company focused on the discovery and development of peptide-based medicines. More than 10

Nokia Corporation: Repurchase of own shares on 19.04.202419.4.2024 21:30:00 CEST | Press release

Nokia Corporation Stock Exchange Release 19 April 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 19.04.2024 Espoo, Finland – On 19 April 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL430,8933.30CEUX--BATE--AQEU--TQEX--Total430,8933.30 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 4 April 2023 started on 20 March 2024 and ends by 18 December 2024 with a maximum aggregate purchase price of EUR 300 million. Total cost of

HiddenA line styled icon from Orion Icon Library.Eye