When we work alongside people that we trust, we feel safe and more confident to take risks, speak out and take responsibility. This can also make us feel more motivated and willing to work harder. When a workplace has a culture lacking in trust, this can have a negative impact not only on productivity but also the mental health of some individuals.
You might experience dishonesty, poor cooperation and communication, unhealthy competition and even bullying. Maybe your colleague withholds important information so that their light shines brighter than yours, or perhaps you’ve found yourself being blamed for failures in a group collaboration. However the lack of trust manifests, it can be seriously damaging to your wellbeing.
In a PWC survey, it was reported that 55% of business leaders believed that a lack of trust was a major concern within their company. The report goes on to say “A high level of trust also makes employees more committed to staying with the company, partners are more willing to collaborate and investors more prepared to entrust stewardship of their funding. Consequently, those organisations that can build trust seem to garner significant benefits.”
Reasons why trust is important in the workplace
- It promotes respect
- Employees are more willing to take risks
- It provides a feeling of safety
- It creates self-confidence
- It allows colleagues to work collaboratively and productively
- It generates more creativity and innovation as people are willing to share ideas and make themselves more vulnerable
- It encourages greater communication