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1 page/β‰ˆ275 words
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APA
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Business & Marketing
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Essay
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English (U.S.)
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Topic:

2022 Edelman Trust Barometer by Edelman Data and Intelligence (DxI)

Essay Instructions:

The report enumerates an overwhelming list of anxieties and social burdens, including: health, jobs, and lack of prosperity. The report also shows that workers are now placing their highest trust value on employers. At the same time, employers see workers today as their most important stakeholders. Pressure is also coming for business from its own employees, who increasingly are translating high trust in their employer (77 percent) and CEO (72 percent) into expectations for public advocacy on issues from voting rights to wages. Nearly eight in 10 employees expect their employer to act on issues like vaccine hesitancy, climate change, the  infodemic , racism and automation/re-training. Employees now are ranked as the most important stakeholder group (40 percent), more than three times higher than shareholders (12 percent).  Here's what I want you to think about: #1) can the business sector handle this responsibility? #2) How do you view your work future - are you optimistic?

 
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Edelman Trust Barometer
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Edelman Trust Barometer
The 2022 Edelman Trust Barometer was conducted by the Edelman Data and Intelligence (DxI). In particular, it comprised over 36,000 participants from 28 countries (Edelman, 2022). The report depicts that employees are now placing their highest trust value on their employers. Similarly, business owners perceive workers as the most significant stakeholders. Eight out of ten workers expect their employers to act on concerns, such as racism, climate change, re-training, and vaccine hesitancy. In my opinion, the business sector can handle the responsibility of prioritizing employees and treating them as the most significant stakeholders compared to shareholders.
In reality, without creating and maintaining a good employer-worker relationship, it can be challenging for companies to remain productive and profitable. Some of the common issues that affect firms are the high turnover rate and the lack of highly qualified candidates for job placement. Specifically, it makes no sense for a company to hire qualified employees, train them, and then lose them to comp...
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