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Psychological safety: the new superpower in winning the talent war

  • Rising attrition rates, especially among Gen Z and Millennial workers, are influenced by the absence of psychological safety in the workplace.
  • Psychological safety involves feeling safe to express opinions, make mistakes, and share feedback without fear of judgment.
  • Younger employees consider psychological safety essential in a workplace.
  • Today's workforce seeks purpose, autonomy, respect, and validation beyond just a paycheck.
  • Employees want to be trusted to do their job without micromanagement and to have their ideas heard and valued.
  • Failing to meet these needs leads to disengagement and high employee turnover.
  • Companies prioritizing psychological safety retain talent, foster innovation, and create thriving environments.
  • Psychologically safe employees are more innovative, collaborative, loyal, and resilient during challenges.
  • Fear-based leadership is declining, giving way to trust, empathy, and transparency in successful workplaces.
  • In today's workforce, people leave cultures, not just companies.
  • Psychological safety is a valuable investment for companies in retaining talent and fostering a positive work environment.
  • The article emphasizes the importance of psychological safety in workplaces to attract and retain talent.

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