Only one in five Australian employees trust their managers, but they believe Virgin boss Richard Branson is one of the best business leaders around.
While less than half of Australians always trust their immediate manager and less than a quarter always trust senior management, only 20 per cent of respondents to a survey by Sunsuper say they always trust both.
“It appears Australian managers still have quite a bit of room for improvement when it comes to building trust with their employees,” Sunsuper chief executive Scott Hartley said in a statement.
Mr Hartley said Australian employees nominated trust as one of the characteristics they most value in a leader, closely behind integrity which was the most valued characteristic of a leader.
“So it’s concerning that while trust is so highly valued amongst employees, the levels of trust Australians have in their managers is so low,” Mr Hartley said.
Sunsuper’s 2016 Australian Employee Insights report shows trust in management declines as employee age and company size increases.
The report found Richard Branson was Australia’s preferred business leader at 44 per cent, ahead of Bill Gates on 21 per cent.
Mr Branson was the preferred leader across all respondent groups, including age, sex, work status, company size, household income or state, with more than 60 per cent of people saying he was a good manager of people.
The report also shows women are more likely to trust their manager compared to men, but they are less likely to trust their company’s senior management.
The employees also gave performance reviews the big thumbs down, with less than half of workers citing the review process as useful.
More than two thirds of those surveyed said they did not feel regularly rewarded or recognised for their performance.