HomeNewsBusinessExecutives more likely to feel safe taking risks than individual contributors: Survey

Executives more likely to feel safe taking risks than individual contributors: Survey

Psychological safety refers to an environment where individuals can freely express ideas, voice concerns, take risks and admit mistakes without fear of repercussions

December 18, 2023 / 18:29 IST
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Only 53 percent of individual contributors said they feel safe taking risks at their organizations, compared to 64 percent of managers, 55 percent of supervisors, 71 percent of directors and 76 percent of executives.
Only 53 percent of individual contributors said they feel safe taking risks at their organizations, compared to 64 percent of managers, 55 percent of supervisors, 71 percent of directors and 76 percent of executives.

Workers are far less likely than their managers and senior-level executives to feel psychologically safe taking risks at work, according to a survey by publishing firm Wiley.

The findings from the latest Wiley Workplace Intelligence report show a wide gulf between individual contributors and executives, which could lead to lower trust, engagement and productivity in the workplace.

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Psychological safety refers to an environment where individuals can freely express ideas, voice concerns, take risks and admit mistakes without fear of repercussions. It’s recognised as the key factor in fostering healthy workplace environments.

Only 53 percent of individual contributors said they feel safe taking risks at their organizations, compared to 64 percent of managers, 55 percent of supervisors, 71 percent of directors and 76 percent of executives. Nearly one-fifth of individual contributors didn’t feel safe taking risks, the highest of all respondents.