Is your company
Emolument.com asked 2,500 professionals if their company was open-minded. Surprisingly, results show that younger employees think their company is indeed open-minded while their older colleagues do not necessarily agree. When looking at rankings by industry, media and technology firms perform better than most other companies.
Open-mindedness by industry
|Rank||Sector||% of employees who say their company is open-minded|
|2||Apps & Web||71%|
|3||Consulting & Professional Services||67%|
|4||Technology & Telecoms||65%|
|6||Public sector & Education||54%|
|8||Services, Tourism, Restaurants||54%|
|10||Transportation & Logistics||49%|
|11||Energy, Mining, Chemicals||49%|
|15||Charity & Not For Profit||46%|
|16||Construction & Real Estate||46%|
Unshakeable technology firms : Despite the recent debates stirred by Uber's alleged sexism1 and Google's supposed witch-hunt against conservatives2, technology companies still outperform other industries, as they rank 1st (media firms), 2nd (apps & web firms) and 4th (technology & telecoms) in our study. For most of their employees, these firms remain a model of open-mindedness.
Ye Olde Law firm : Only 42% of law firm employees think their company is open-minded, which is a much lower score than banks or consulting firms. Law practices appear to be a strong bastion of traditional workplace values with strict culture and etiquette3.
Is your company open-minded?
|Years of experience||% of employees who think their company is open-minded|
|Less than 5||62%|
Happy youngsters, frustrated managers: Young employees are happy with their company's open-mindedness (62% of them are). Satisfaction slowly diminishes with experience though: only 49% of senior employees think their company is open-minded. As they climb up the management ladder, more experienced employees feel pressure to behave and think in line with corporate expectations, stifling their own opinions in order to tread the company line.
Most open-minded companies in the City
|Rank||Company||% of employees who think their company is open-minded|
Tolerance or cultural fit? Overwhelming results at some companies (90% of Goldman Sachs employees responded positively) may be due to a strong cultural match amongst its employees, also in line with its corporate culture: with colleagues and management sharing your opinions and codes, employees are less likely to feel pressure to conform.
Alice Leguay, Co-Founder & CMO at Emolument.com said: 'As corporates strive to connect with millennials and retain them, it is crucial for employees to feel they are part of a company which can remain current. Perception is everything, hence ideas such as 'Talks at GS' which aim to show that large businesses from traditional industries such as banking are able to keep shaping the world as thought leaders. Other ways to show open-mindedness is allowing flexible working patterns, sabbaticals, unlimited vacation, and of course insisting on continuous training and skills development, a particularly compelling proof that companies take new ideas seriously.'
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