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September 28, 2023

Executives feel more psychologically safe taking risks at work than employees

Credit: Wiley
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Credit: Wiley

New survey data from Wiley suggest workers are far less likely than their managers and senior-level executives to feel psychologically safe taking risks at work. The findings from the latest Wiley Workplace Intelligence show a particularly wide gulf between individual contributors and executives, which could lead to lower trust, engagement and productivity in the workplace.

Psychological safety—a term first coined by Harvard Business School professor Amy Edmondson—refers to an environment where individuals can freely express ideas, voice concerns, take risks and admit mistakes without fear of repercussions. It's recognized as a key factor in fostering healthy workplace environments.

According to Wiley's latest research, only 53% of individual contributors said they feel safe taking risks at their organizations, compared to 64% of managers, 55% of supervisors, 71% of directors and 76% of executives.

Nearly one-fifth of individual contributors didn't feel safe taking risks, the highest of all respondents.

"Psychological safety has become increasingly important in recent years with the shift to hybrid and remote work," said Dr. Mark Scullard, senior director of product innovation at Wiley. "To bridge the gaps in psychological safety that we're seeing across organizational levels, companies can implement facilitated learning experiences to equip all employees with the skills for effective relationships, better communication, understanding, trust and teamwork. This intentional and inclusive approach helps foster greater psychological safety within the workplace that allows innovation to thrive."

Other key findings from the report include:

The findings were gathered in a survey conducted by Wiley among 2,000 professionals across organizational roles and departments within various industries in North America. Survey responses were collected anonymously and compiled in aggregate form.

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