Do employees really care about CSR?
CSR may have a major influence on attracting and retaining employees. Employees want good wages and good prospects – increasingly, however, they also want to feel proud of the business they work for. As the Managing Director of a multinational enterprise said, people don’t want to feel embarrassed when asked who they work for. A study conducted in 2001 by the Cherenson group showed that 78% of respondents would prefer to work for a business that has an excellent reputation and pays them a wage that covers their needs. Only 17% answered that they would work for a business with high wages but a bad reputation. CSR may also increase productivity. For example, businesses that improve working conditions and practices see a reduction in faulty or unusable merchandise.
Related Questions
- Many states allow officers to be excluded or have a minimum number of employees before I am required to buy Workers’ Compensation Insurance. Do these follow through to Longshore?
- Some employees who are required to travel can deduct $11 per meal, regardless of the amount paid for the meal. Does that apply to me?
- Do employees really care about CSR?
