Survey Suggests Employees Worry Less About Accounting Woes

Jan. 13, 2005
By John S. McClenahen Despite all the media coverage of questionable financial practices and unethical executive behavior at some U.S. companies, a surprisingly large majority of employees trust and respect their companies leaders, a new survey shows. ...
ByJohn S. McClenahen Despite all the media coverage of questionable financial practices and unethical executive behavior at some U.S. companies, a surprisingly large majority of employees trust and respect their companies leaders, a new survey shows. Some 86% of U.S. employees have "a great deal" or "a moderate amount" of trust in the people who lead their companies, reveals an April survey conducted by the Gallup Organization and UBS AG, a Swiss-based financial services firm. Roughly the same percentage -- 87% -- have "a great deal" or "moderate amount" of trust in the finance and accounting executives at their companies. Some 90% of the employees surveyed say their senior management is trying to do what's best for customers; 86% say senior management is honest and ethical; and 81% say their companies' executives are good leaders. However, a smaller percentage -- 71% -- of employees say senior executives are worth what they are paid.

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