The latest research by the Kenexa Research Institute suggests that an organization’s participation in corporate responsibility and environmentally friendly business practices has a significant influence on employee engagement and business outcomes. In the U.S., almost 50 percent of employees report working for a responsible organization . The report is based on the analysis of data drawn from a representative sample of workers surveyed through WorkTrendsT, KRI’s 2010 annual survey of worker opinions.
An organization that is considered to have a strong corporate responsibility
climate is one where business choices are made that support environmental
responsibility, its actions demonstrate a genuine commitment to corporate
responsibility and it contributes to the communities where employees live and
work.
Across all countries surveyed, working for an organization whose employees
positively view corporate responsibility efforts has a significant, favorable
impact on how they rate their pride in the organization, overall satisfaction
and willingness to recommend it as a place to work. Furthermore, employees with
favorable opinions of their organizations’ corporate responsibility activities
are more likely to state an intention to stay.
“Our research clearly indicates that organizations operating with a strong
corporate responsibility climate have more engaged, confident and customer
oriented employees,” said Anne Herman, research consultant, Kenexa Research
Institute. “It will be of great interest to senior leaders in organizations,
however, that our, results also indicate that those organizations who implement
corporate responsibility efforts outperform those organizations that do not on
important financial metrics such as diluted earnings per share.”
Employees in today’s job market still care about the organization’s values and
reputation. Previous research indicates that corporate responsibility plays an
important role in attracting interested candidates. Employees indicate that
their organizations’ corporate responsibility activities increase their overall
job satisfaction. This is particularly true for those in upper and middle
management roles and this knowledge can be a key tool in helping organizations
achieve their retention targets.
Herman continued, “Despite the recession, organizations are still engaging in
building socially responsible businesses. In fact, since 2008 there has been a
slight increase in the number of organizations who can be described as having a
strong corporate responsibility climate. For example, in the financial
industry, three in four businesses reportedly operate with a strong corporate
responsibility climate. In the case of financial services firms this may be in
response to negative backlash to the activities that have occurred in recent
years.”