Enron, WorldCom leave employees bitter

Lack of trust in senior leaders hurting productivity, recruitment
By Asha Tomlinson
|Canadian HR Reporter|Last Updated: 11/21/2002

Watching the recent spate of corporate scandals unfold has had an impact on working Canadians. Many now say they have little confidence in the ethics of their top management.

In a report released by consulting firm Watson Wyatt, only 51 per cent of Canadian employees said they trust and have confidence in their senior leaders and fewer than half said senior leaders are effectively managing their companies.

“It is more than evident that few companies have escaped untouched by the fallout from the recent turmoil in the business environment,” said Jan Grude, national practice director, human capital group for Watson Wyatt. The