Press Releases
Search Jobs
Jobs Near -, -
Sharepoint Consultant - Washington Navy Yard, DC
Exercise Analyst - DC
Corporate Attorney - DC
Execs Say Social Responsibility is ''Duty'' for Companies
Executive Jobs Website, TheLadders.com, found that 87% of Execs Would Not Work for Companies with Negative Record on Social Issues <BackNEW YORK (June 14, 2007) - Corporations have increasingly begun to recognize the importance of social responsibility. But are they paying the issue more than lip-service? To find out, TheLadders.com, the world's leading $100k+ jobs website, surveyed executives on their beliefs about corporate social responsibility initiatives. The verdict: business leaders say social responsibility is critical in today's economy.
The Bottom Line
According to TheLadders.com's most recent survey, 89.2% of execs believe that if a company has the ability to make a positive impact then it is that company's duty to strive for it. The majority of respondents - 87.3% - also said that they would not work for a company that had a reputation of negative social responsibility. There is a cost for doing good: 67.2% of respondents felt that social responsibility initiatives come at the expense of a company's bottom line.
Employee Participation
Companies getting more serious about their social responsibility efforts are also encouraging employees to join in. Almost half of those surveyed - 45.1% - said that, not only do their companies participate in numerous events and organizations, but they promote employee participation as well. However, 29.6% of execs say they are unaware of any social programs initiated by their companies. Another 25.3% said that while their companies do promote social responsibility, employees are not encouraged to participate.
The Hottest Social Issues
When survey respondents were asked to weigh in on how they would like to participate in social responsibility initiatives, their answers spanned a number of interests. Many execs said that they would like to participate in programs that help children, such as scholarship programs or mentoring underprivileged children. Making efforts to improve air quality also struck a chord with many of the executives, as did and volunteering in health programs and raising money for disease research.
"Social responsibility has become a buzz word, but it is not a fad," said Marc Cendella, founder and CEO of TheLadders.com. "The leadership of American business agrees that while profitability and expansion are critical, so too is the need for programs that reinvest in our communities. Based on the level of importance our members have put on this issue, social responsibility will clearly be a corporate imperative for the long haul."
TheLadders.com's social responsibility survey was conducted in June 2007. The results of this survey are statistically accurate to within +/- 4.48 percentage points.
About TheLadders.com
TheLadders.com is the world's largest online service catering exclusively to the $100k+ job market. Our job is to make the search for senior talent and senior positions quick and effective. With access to the most $100k+ job leads in one place, senior level professionals can get to the next step in their careers faster. Top recruiters value the ability to quickly and easily connect with so much qualified talent in the sales, marketing, finance, HR, legal, tech and operations industries. Founded in 2003 by Marc Cenedella, TheLadders.com has grown into the largest specialty employment website with over 1,380,000 members, 30,000 recruiters and $10 billion in available job listings. We're based in New York, but you can reach us anywhere, anytime at www.theladders.com.
Note to editors: Trademarks and registered trademarks remain the property of their respective owners.
Media Contacts
Maria Schiller
TheLadders.com
646-453-1913
maria.schiller@theladders.com