Do you know how much workplace toxicity could be costing your organization per year?
Many companies prefer not to know—to believe their employees are leaving because of bigger paychecks. But the truth is, they just want a better place to work—free of unethical and toxic behaviors.
But while toxicity can be bad for business, how damaging is it really? Toxicity shows up in a number of places from employee attrition, engagement, morale, and productivity to obvious revenue offenders like penalties, settlements, and reputational damage.
Looking at just one metric, employee attrition, it’s estimated that toxic culture cost U.S. employers $50 billion per year before the Great Resignation. On the flip side, companies with healthy cultures have three times greater total returns to shareholders.
As an HR or compliance leader, you understand the widespread risks of toxicity and the upside of great company cultures. But in order to build a successful program, you need buy-in from the business.
That entails:
1. building a compelling business case.
2. proving that your investments have or will positively impact the business.
With inflation and a weakening economy, the onus now falls on HR and compliance leaders to make even stronger business cases for these programs.
That’s why we’ve created this eBook that comprehensively covers how to make the business case for compliance and ethics program investments.
In this eBook, you will learn:
How to build a business case for ethics and compliance investments in service of an ethical, toxic-free workplace and a healthy bottom line.
How to measure the efficacy of your compliance and ethics programs to secure funding for future investments.
How to measure and prove the efficacy of your programs investments.
Plus, get market trends & resources to help you build your business case.
