What is Psychological Safety & Why Is It Important in The Workplace

Psychological safety is essential to creating a successful, positive, and productive business. Yet, many business owners aren’t entirely sure what it entails. You just scheduled the move to your new home with the help of Black Tie Moving, and now it’s time to get back to work. First on the agenda? Learning more about psychological safety in the workplace.

You came to the right place! We’re going to answer the question: What is psychological safety and why is it important in the workplace? Let’s jump right in!

What is Psychological Safety?

Psychological safety is when one feels comfortable and safe to express their thoughts, ideas, questions, and mistakes with those around them. Psychological safety is important in any relationship, and it’s absolutely paramount if you want to have a positive and healthy work environment.

Enables Open & Honest Communication

One of the most rewarding benefits of psychological safety is that it creates a solid foundation for team members to be transparent and communicate effectively. Team members need to feel free to express how they feel, and psychologically safe work culture provides this space for them. If team members work in an unsafe environment, they’re likely to mask their thoughts or mistakes which completely shuts the door to business growth and development.

Increases Employee Retention

Employees stay in work environments where they are happy, understood, and feel valued. Psychological safety is a hallmark trait of businesses with high employee retention. One of the main reasons that people leave jobs is because they don’t feel comfortable or positive working there. In fact, studies have even shown that employees will turn down higher-paying jobs if they’re satisfied and happy with where they currently work. That’s why it’s no surprise that psychological safety is a big component of decreasing a company’s turnover rate.

Fosters a Positive Work Environment

It should come as no surprise that psychological safety is key to establishing and maintaining a positive work environment. A positive work environment develops when team members openly communicate with one another in positive and healthy ways. With psychological safety in place, employees will be much more likely to engage in uplifting and effective communication with those around them. Psychological safety also ensures that employees don’t feel underappreciated, but they know they are valued and respected by the company and their coworkers.

Encourages New Ideas

Every successful business works together as a team to conjure up new and innovative ideas for the company to grow. Yet, in order for new ideas to emerge, team members need to feel safe to express them. If they fear they’ll be misunderstood or ridiculed, they’ll likely keep their creative thoughts and ideas to themselves. This is why psychological safety is a must if you want your business to flourish. Creating a safe environment where people feel excited to share their ideas with others is a surefire way to grow your business.

Print Friendly, PDF & Email

About Dequiana Jackson

Dequiana Jackson, Founder of Inspired Marketing, Inc., helps overachieving women entrepreneurs conquer limiting beliefs and create marketing plans that grow their businesses. This includes one-on-one marketing plan development, digital product creation, web design and content marketing. Dequiana is the author of Know Your Business: How to Attract Ideal Clients & Sell More and runs the award-winning blog, Entrepreneur-Resources.net.

Check Also

7 Key Features That Every Successful Gym Should Have

When you are in the midst of setting up your own fitness business, there are …

Leave a Reply

Your email address will not be published.

CommentLuv badge