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Workplace bullying a costly epidemic in the enterprise

Sharon Florentine | Nov. 10, 2014
Workplace bullying opens your organization up to poor productivity, lower retention rates and possible legal action. And it's not an isolated issue - the workplace statistics are shocking. Is your culture cultivating a bully mentality?

In the absence of a legal imperative, WBI statistics show that even when bullies are reported, approximately 44 percent of businesses do not take any action to rectify the situation, but while this willful ignorance might help companies in the short term, it's ignoring the long-term effects and far-reaching impact of the behavior according to Moriarity.

"Businesses that do nothing are trading short-term gain for long-term pain, as I like to say. By the time they understand the damage that's being done to their productivity, their retention and their public reputation, it's much too late. Employees won't ever forget that; they'll always remember that your company chose to do what was financially right over what was morally right, and your business will suffer for it," says Moriarity.

 

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