Workers still don't trust their employers

Posted Aug 8th 2007 2:20PM by Zac Bissonnette
Filed under: Law, Employees

A survey discussed on the Sox First blog raises questions about the effect that Sarbanes-Oxley has had on employee morale, five years into its career. It seems that many employees aren't so sure about their bosses' integrity. Here's how they graded them on "organization efforts to encourage integrity":

A – 35 percent

B – 34 percent

C – 18 percent

D – 10 percent

F – 4 percent

So 3/10 employees gave a grade of C or worse. More disturbingly, at public companies, "22 percent said results are rewarded even at the expense of unethical practices." Ethical concerns seemed to be most common at smaller companies, which is interesting.

While there is considerable discussion about the "need" to roll back Sarbox, the continued concern about ethics on the part of employees makes me think we need more work done on compliance, not less.

Tags: Ethics, Sarbanes-Oxley

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Reader Comments (Page 3 of 3)

8-14-2007 @ 1:08PM

Kevin said...

How about a President who sets up the Board of Directors with 2 of his DIRECT REPORTS on the Board? I'm sure there won't be any differences of opinion....

8-14-2007 @ 7:19PM

Claudia said...

I don't trust any employer. I have never worked for a manager that was not interested only in making themself look good.

8-15-2007 @ 11:59AM

Tim Tulowitzky said...

its getting pretty bad when employees have more integrety that the employers, and employers cannot seem to realize why they cannot keep workers. Now I know why people don't stay at one company like they used to.

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