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Shareholder Values

 
"Of the 1,003 investors surveyed, nearly half (49%) said that over the next 12 months they were likely to invest in a company or mutual fund looking to provide solutions for environmental problems."
--
Allianz Global Investors
   
(USA) January 2008

UK investors asked: "How important do you think it is for companies to take social, environmental and ethical issues seriously? Some 47% of those surveyed replied ‘very seriously’ and a further 40% ‘fairly seriously.'"
--
F&C Investments
   
(UK) January 2007

84% of Canadian shareholders agreed with this statement: "[The] financial community should pay more attention to social and environmental performance when valuing companies."
-- GlobeScan
   
(Canada) February 2004

 

Press Room

BEING SOCIALLY RESPONSIBLE HAS A POSITIVE IMPACT ON EMPLOYEES AS WELL AS THEIR LOCAL COMMUNITIES AND THE ENVIRONMENT

-Research from the Kenexa Research Institute Examines Employees’ Views of Corporate Social Responsibility-

WAYNE, Pa. (October 4, 2007) – Research conducted by the Kenexa Research Institute (KRI), a division of Kenexa® (NASDAQ: KNXA), a leading provider of talent acquisition and retention solutions, evaluated workers’ perceptions 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 in 2007 through WorkTrends™, KRI's annual survey of worker opinions. The survey included workers from Brazil, China, Germany, India, the United Kingdom and the United States.

Participating in corporate social responsibility (CSR) activities provides more benefits to an organization than just giving back to the community and “doing the right thing.” The latest research suggests that an organization’s active participation in corporate social responsibility efforts has a significant influence on employees’ engagement levels and views of senior management.

Among the six surveyed countries, the research indicates that working for an organization where employees positively view CSR efforts has a significant, favorable impact on how they rate their pride in the organization, willingness to recommend it as a place to work and overall satisfaction. Furthermore, those employees with favorable opinions of their organizations’ CSR activities are more likely to say they intend to stay relative to those who have unfavorable opinions of their organizations’ CSR efforts.

Across all six countries, employees who believe in their company’s CSR activities also have more favorable opinions of their senior management. They are much more likely to feel that senior managers demonstrate employees are important to the success of the company, that management has the ability to deal with company challenges and provides employees with a clear picture of the company’s direction. In addition, these employees are also more likely to believe that senior management supports and practices high standards of ethical conduct and is more trustworthy.

Favorability regarding their organization’s CSR initiatives varies notably among the countries studied. Workers in India are the most favorable while workers in Germany are the least favorable. In India and China, the oldest workers have the most favorable views of their employer’s support for CSR, while in Germany, the United Kingdom and the United States it is the youngest workers.

Executives and senior management were notably more favorable of their company’s support of CSR activities in all of the surveyed countries, with the exception of those in India, where professional and technical employees were the most favorable.

“Corporate social responsibility is gaining traction as a strategic corporate initiative. Those organizations that have a clear CSR policy set themselves apart from the competition in terms of employment brand. Partaking in CSR activities not only has positive societal effects, but also increases an organization’s competitive advantage when recruiting, especially younger workers,” said Jack Wiley, executive director, Kenexa Research Institute.


About Kenexa
Kenexa ® 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 www.kenexa.com.

About WorkTrends™
The Kenexa WorkTrends™ database is a comprehensive normative database of employee survey results with comparisons on topics including leadership, employee engagement and customer orientation from workers in Brazil, China, Germany, India, the United Kingdom and the United States.

# # #

Note to Editors: Kenexa is a registered trademark of Kenexa Corporation. Other product or service names mentioned herein are the trademarks of their respective owners.

Members of the press can request a copy of the research results from the media contacts listed below.

MEDIA CONTACTS:

Jennifer Meyer
Kenexa
1-612-332-6383
jennifer.meyer@kenexa.com

Jeanne Achille
The Devon Group
1-732-224-1000, ext. 11
jeanne@devonpr.com

 

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