Tools For Business Success
Work Hard, Play Hard
An upsurge of job-related stress is sapping workers loyalty to their employers, according to a survey conducted by Aon Consultings Loyalty Institute. The level of stress among the workforce is skyrocketing, reports David Strum, president of the Ann Arbor, Mich. consulting group. Strum found that the number of employees who say they suffer job burnout has jumped dramatically, from 39 percent in 1995 to 53 percent this year. At the same time, employee commitment has decreased 2.2 percent in one year. Additionally, the evidence suggests a significant correlation between job stress and loyalty decline. According to Strum, workers who suffer stress are significantly less committed than other employees.
Show Them the Commitment
Americans think more favorably of companies that focus their philanthropic efforts on donating products and volunteering employees to help in the community, rather than donating money. The survey conducted by Hill and Knowlton and Yankelovich Partners found that while 80 percent of Americans surveyed felt that donating products and services and volunteering employees to help was most impressive, only 12 percent favored giving a large sum of money as the most impressive philanthropic act. It is clear from the findings that most people arent impressed with companies that simply throw money at a cause, says Judy Hamby of Hill and Knowlton.
Behind Enemy Lines
A recent study by Ernst & Young reveals that companies worldwide continue to lose billions of dollars every year to fraud committed by their own staff. More than half the senior executives surveyed re-vealed that they had suffered fraud in the last year. Eighty-four percent of the worst frauds had been committed by company employees. Furthermore, three out of five respondents felt that computer fraud, including hacking and invasion of privacy, was likely to be committed against their organization.