How a lack of trust in employees can affect a business

A lack of trust in employees is like a virus that can spread in the workplace. Trust is a core that binds you and your employees as a team. Without trust, the working environment will be toxic, thus creating dissatisfaction among employees. Here are four examples of how a lack of trust in employees can affect a business.

You engage in favoritism, but you might not realise this. You only trust and turn to your favorite small clique, while others in your team feel like outsiders. Little by little, your action will lead to mistrust that is spreading like wildfire in your workplace.

You share important information only with senior management and not with the whole team. Typically, the important information always leaks out and will be spread as rumors among your team. This will lead to a gossiping culture in the work environment and mistrust towards the upper management.

You lie to your employees. It can be a white lie that you convince yourself is the right thing to do, given your circumstances. You may tell your employees that the business is doing okay, and the next month you have to let some of them go. Why would they believe you after that? After all, you didn't trust them with the truth in the first place.

You also break your promises. You told your employees that you would hire five new employees by next month to reduce your existing employees' workload. Still, you failed to follow through with your promise. There is no honest communication between you and your team.

In the end, the lack of trust, as demonstrated by the examples above, will lead to a high turnover rate, which is terrible for a business to prosper. Ultimately, as an entrepreneur and a business owner, you cannot do everything on your own. You also have to rely on and trust in others, namely your employees.