It Is Not Easy Being Green ... But Employees Value Corporate Social Responsibility Efforts

Date : 10/17/2007 @ 7:00AM
Source : PR Newswire
Stock : Kenexa (MM) (KNXA)
Quote : 11.41  -1.53 (-11.82%) @ 8:00PM
<< BackQuote Chart Financials

 



It Is Not Easy Being Green ... But Employees Value Corporate Social Responsibility Efforts

- Continuing Research on Corporate Social Responsibility by the Kenexa Research Institute Finds Additional Linkage to Key Performance Indicators -

WAYNE, Pa., Oct. 17 /PRNewswire-FirstCall/ -- Research conducted by the Kenexa Research Institute (KRI), a division of Kenexa(R) (NASDAQ:KNXA), a leading provider of talent acquisition and retention solutions, evaluated U.S. workers' opinions of their organizations with regard to corporate social responsibility. The report is based on the analysis of data drawn from a representative sample of workers surveyed through WorkTrends(TM), KRI's 2007 annual survey of worker opinions, in the United States, the United Kingdom, Germany, China, India and Brazil.

Corporate social responsibility (CSR), a strategic corporate initiative that has been receiving an increased amount of attention, provides more benefits to an organization than simply reducing costs by recycling and giving back. As stated in earlier research by the Kenexa Research Institute, actively participating in CSR efforts is related to higher employee engagement levels and more favorable views of senior management.

Results in the United States indicate that an organization's CSR efforts also positively affect an employee's personal outlook of the future, satisfaction with their job and confidence in the company's future. Employees who rate their organization as having a strong CSR culture outscored those who view their company's CSR activities as weak on each of these key indicators. Furthermore, employees who work in a strong CSR culture are more favorable toward their colleagues' willingness to do the very best for the organization, and have more favorable views of their company's ability to motivate people to work hard and put in extra effort.

Favorability regarding an organization's CSR initiatives varies notably across industries. Workers in education and the banking services are the most favorable while workers in the light manufacturing, transportation services, hotel services and restaurant industries are the least favorable.

"It is not surprising that education and banking services are high in CSR favorability. Having a sense of community is often consistent with the purpose and mission of most educational institutions. And, by participating in corporate social responsibility efforts, banks not only raise local awareness, they position themselves to gain market share in the communities in which they operate," said Jack Wiley, executive director, Kenexa Research Institute.

Executives, senior managers and those in professional positions have the most favorable views of their employer's support for CSR while operators and laborers have the least. Additionally, those workers who are the newest to the organization, and those who are the youngest in terms of age, have the most favorable views of the organization's CSR activities.

"Actively participating in CSR initiatives has many advantages including setting the organization apart from the competition in terms of employment brand, creating an elevated sense of teamwork among employees, and helping to establish an emotional tie between the employee and the organization," said Wiley.

About Kenexa

Kenexa (R) Corporation provides outsourcing, employee research and software to help organizations more effectively recruit and retain a productive workforce. Kenexa solutions include applicant tracking, employment process outsourcing, onboarding, skills and behavioral assessments, structured interviews, performance management, multi-rater feedback surveys, employee engagement surveys, and HR Analytics. Headquartered in Wayne, Pa. (outside Philadelphia), Kenexa employs more than 1,300 people worldwide. More information about Kenexa and its global locations can be accessed at http://www.kenexa.com/.

About WorkTrends(TM)

The Kenexa WorkTrends database is a comprehensive normative database of employee opinions on topics including leadership, employee engagement and customer orientation. Comparisons are available for workers from Brazil, China, Germany, India, the United Kingdom and the United States.

DATASOURCE: Kenexa

CONTACT: Jennifer Meyer of Kenexa, +1-612-332-6383,

or Jeanne Achille of The Devon Group,

+1-732-224-1000, ext. 11, , for Kenexa

Web site: http://www.kenexa.com/

<< Back


Kenexa (MM) Historical Chart Kenexa (MM) Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
34 site:2us 081008 05:45 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )