Psychological Safety in Today’s Global Workforce

Workplace Options (WPO) Debuts Data-Driven Study Across 9 Nations; Explores Workplace Issues, Need for Inclusive Leadership, and Renewed Commitment to Human-Centered Wellbeing

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) — Amid mounting pressures and unprecedented challenges across the globe, psychologically safe workplaces have become a necessity for building organizational resilience and sustainable success. Leaders at every level recognize that they need to cultivate cultures of trust, openness, and inclusivity, where every voice is heard, valued, and respected.

The financial consequences are straightforward: Psychological safety is the lynchpin of employee engagement and the heart of bottom-line business results. The benefits range from talent retention and enhanced innovation to better customer service and stronger brand value.

Data Directly from Employees – Not Surveys or Opinions
As the largest independent provider of customized and localized wellbeing services, with more than 116,000 clients serving 79 million people, Workplace Options (WPO) has deep insight on global psychological safety, derived from data via the human-to-human counseling our clinical team conducted with in nine countries: Australia, Canada, China, France, Germany, India, Mexico, United Kingdom, and the United States.

The findings comprise the “WPO Psychological Safety Study: Global Context for Organizational Success,” a website and multimedia content hub that presents information on how psychological safety affects employees in different countries. The site includes multimedia resources, white papers, videos, articles, infographics, and other information on the global significance of psychological safety.

The “WPO Psychological Safety Study: Global Context for Organizational Success” can be accessed here: Psychological Safety.

“A culture built on psychological safety has immense value. Deep-rooted employee engagement leads to greater creativity, innovation, and an environment where people can be their authentic self in every aspect of their life,” said Alan King, President and CEO, Workplace Options. “The results from this study will help leaders and organizations make a transformative difference in people’s lives by building resilient cultures focused on wellbeing.”

Study Results – Comparing and Contrasting Workplace Concerns Across Countries
Individual country information has been derived from clinician engagement with customers, providing insight into workplace symptoms manifest in the employee’s emotions, cognitions, and attitudes toward work. These include: workplace stress, anxiety/panic, low mood, job performance, conflict/tension with manager, lack of recognition, and others.

Leaders can utilize the data to understand the challenges their employees face. For example, in Australia, “lack of recognition” is the top issue on employees’ minds. In contrast, employees in India identify “conflict/tension at work with manager” as their foremost issue. A company with operations in these two nations/regions can utilize the study results to gain deeper insight into strategies and tactics that will build psychological safety and organizational resilience.

Country Workplace Concern (By Prevalence)
Australia Lack of recognition, Work-life balance, Job performance
Canada Concerns with daily work activities, Job performance, Conflict of values/ethical climate in the company, Conflict/tension at work with manager
China Concerns with daily work activities, Lack of recognition, Lack of professional development
France Lack of professional development, Job performance, Concerns with daily work activities
Germany Work-life balance, Job performance, Conflict/tension at work with manager, Concerns with daily work activities
India Conflict/tension at work with manager, Job performance, Work-life balance, Lack of professional development, Concerns with daily work activities
Mexico Job performance, Concerns with daily work activities, Lack of recognition, Conflict/tension at work with manager
United Kingdom Lack of recognition, Work-life balance, Concerns with daily work activities
United States Work-life balance, Job performance, Conflict/tension at work with manager


The Value of Psychological Safety

Given the constantly shifting global business environment, leaders must create workplaces centered on psychological safety, which is a cornerstone of inclusive leadership. Teams that feel psychologically safe are more innovative, productive, and resilient in the face of adversity.

“As part of an overall corporate wellbeing strategy on a global scale, it is important to create a framework that allows the cultures and practices to be considered and recognized at the local level,” said Mary Ellen Gornick, WPO Consulting Group Founding Partner. “The study gives leaders the information they need to create inclusive cultures in the locations where they have operations. But they should also keep in mind that variances might exist in how strategies are implemented at the country level.”

Benefits of psychological safety include:
– Deeper employee engagement: Greater creativity, innovation, and development of new products, services, and solutions.
– Improved Team Performance: Open communication, collaboration, and constructive feedback within teams.
– Increased Employee Engagement and Retention: Engaged, motivated, and committed to their roles and the organization leads to higher levels of job satisfaction, lower turnover rates, and greater retention of top talent.
– Enhanced Problem-Solving and Decision-Making: Open dialogue and the exploration of diverse viewpoints leads to more effective problem-solving and decision-making processes.
– Greater Employee Well-Being: Creates a supportive environment where individuals feel valued, respected, and cared for, resulting in lower levels of stress, anxiety, burnout, and promotes holistic health and wellness.
– Enhanced Organizational Resilience: Better equipped to navigate change, uncertainty, and adversity, employees feel empowered to adapt, innovate, and collaborate, creating agility and resilience in the face of external pressures.
– Improved Customer Satisfaction: Employees who feel supported and empowered are more likely to engage with customers in a positive and empathetic manner, leading to higher levels of customer satisfaction and loyalty.

About the Data
Workplace symptoms are the ways in which workplace stressors or uncomfortable working conditions manifest in the employee’s emotions, cognition, and attitudes toward work. Because employees contact WPO when they are under stress or need help, the company is in a unique position to observe the kinds of workplace issues and challenges that employees face.

The details with individual employees are confidential and are recorded in secure case notes to facilitate ongoing support. WPO also captures data in more quantifiable formats and report on these in aggregate (without compromising participant confidentiality) to help our customer organizations understand employee needs and recognize potential risks at the organization and location level.

We have limited our consideration to those countries where the sample size – the number of cases with work-related issues and symptoms – is sufficient to make variations in the data statistically significant.

ABOUT WORKPLACE OPTIONS
Founded in 1982, Workplace Options (WPO) is the largest independent provider of holistic wellbeing solutions. Through customized programs, and a comprehensive global network of credentialed providers and professionals, WPO supports individuals to become healthier, happier, and more productive both personally and professionally. Trusted by 56 percent of Fortune 500 companies, WPO delivers high-quality care digitally and in-person to more than 79 million people across 116,000 organizations in more than 200 countries and territories.

Contact:
Bob Batchelor, Director, Public Relations and Publications
Bob.Batchelor@workplaceoptions.com

Jennifer Dart, Corporate Communications Manager
Jennifer.Dart@workplaceoptions.com

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/cc6d9ccb-51a0-4dcd-9354-3428d0ed00f0

GlobeNewswire Distribution ID 9084335

e2Companies Identifies Global Power Leader Cummins Inc. as Strategic Supplier for the R3Di® System

Supply Chain Expansion focused on Product Performance and Sustained Growth

BONITA SPRINGS, Fla., April 04, 2024 (GLOBE NEWSWIRE) — e2Companies, a leading provider of data-driven solutions for grid modernization, is pleased to name Cummins Inc. CMI as an official supplier for the R3Di® System. This agreement provides e2Companies access to Cummins Inc. industry-leading generator sets that deliver exceptional power with high electrical efficiency.

“We continue to expand our supplier network with one goal in mind: top-notch performance,” said James Richmond, CEO and President at e2Companies. “Our agreement with Cummins Inc. reflects this commitment since they have set the benchmark for reliability with power generation. This allows us to uphold these standards while keeping up with increasing demand across global markets.”

“We are excited with the opportunity to supply our generator sets to the R3Di® System, a power generation solution that will provide seamless resiliency and reliability to customers” said Lucio Kroll, Managing Director of Microgrids at Cummins.

Cummins Inc. generator sets will be paired with the R3Di® System’s Lithium Iron Phosphate (LiFePO4) battery energy storage and continuous performance monitoring (Grove365) to deliver stable and conditioned power independent of grid issues. Cummins Inc. joins an expanding supplier network for e2Companies that includes Nuvation Energy, EPC Power, MSI Tec, and ABB Ltd.

About e2Companies

e2Companies is the first vertically integrated Virtual Utility® for power generation, distribution, and energy economics in the marketplace. e2Companies’ patented technology, the R3Di® System, provides a synthetic utility BUS with inertia for continuous on-site power and seamless resiliency, independent of grid conditions. The R3Di® System is continuously monitored by the Grove365 to optimize resources, track ESG targets, and unlock new revenue opportunities for customers.

e2Companies officially entered into a merger agreement with Minim, Inc. MINM on March 12, 2024, to create a NASDAQ-listed, comprehensive products and services company focused developing proprietary solutions for Grid 3.0, Autonomous Grid Stability.

To learn more about e2Companies visit www.e2companies.com.

About Cummins Inc.

Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products include diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, electric powertrains, hydrogen production and fuel cell products.

See how Cummins is powering a world that’s always on by accessing news releases and more information at www.cummins.com.

Media Contact: marketing@e2companies.com

GlobeNewswire Distribution ID 9084172

NYCB DEADLINE ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages New York Community Bancorp, Inc. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – NYCB

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of New York Community Bancorp, Inc. (NYSE: NYCB) between March 1, 2023 and February 5, 2024, both dates inclusive (the “Class Period”), of the important April 8, 2024 lead plaintiff deadline.

SO WHAT: If you purchased NYCB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the NYCB class action, go to https://rosenlegal.com/submit-form/?case_id=22391 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 8, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and/or misleading statements throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Signature Bank acquisition would not be immediately accretive to the Company because it caused NYCB to be required to comply with materially enhanced prudential standards, including, among other things, risk-based and leverage capital requirements, and liquidity standards, and required that NYCB build capital, reinforce its balance sheet and strengthen its risk management processes; (2) NYCB failed to comply with the materially enhanced prudential standards; (3) NYCB overstated the quality of its commercial office loan assets; (4) NYCB was experiencing higher net charge-offs and deterioration in its commercial office portfolio than represented; (5) NYCB was reasonably likely to incur higher loan losses because it was experiencing higher net charge-offs and deterioration in its commercial office portfolio; (6) NYCB was reasonably likely to be forced to increase its allowance for credit losses due to its status as Category IV bank; (7) NYCB’s loan loss provisions were understated so it overstated quarterly earnings and/or understated quarterly losses; (8) NYCB failed to have adequate internal risk or disclosure controls and procedures; and (9) that, as a result of the foregoing, defendants’ statements about NYCB’s business, operations and financial condition were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the NYCB class action, go to https://rosenlegal.com/submit-form/?case_id=22391 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9084141

Weather Forecast for Thursday


Riyadh, According to the National Center for Meteorology, dust-stirring winds will blow and rain and hail may fall in parts of Asir, Jazan, Najran, Al-Baha, the Eastern Region, and Riyadh.

Dust-stirring winds that may limit visibility will blow in parts of Qassim, Hail, Madinah, Tabuk, and Al-Jouf.

Winds over the Red Sea will be westerly to northwesterly, at speeds of 10-30 km/h in the northern and central parts, and southwesterly to northwesterly, reaching 15-35 km/h in the southern part. Waves may range from half a meter to a meter and a half; the sea will be relatively calm.

In the Arabian Gulf, winds will be northwesterly to northeasterly, at speeds of 25-50 km/h. Waves may reach from one and a half to two and a half meters; the sea will be choppy.

Source: Saudi Press Agency

HM the King Congratulates Senegalese President on National Day

Rabat – His Majesty King Mohammed VI sent a message of congratulations to president of the Republic of Senegal, Bassirou Diomaye Faye, on the occasion of his country’s National Day.

In this message, the Sovereign expressed, with all the Moroccan people, to Bassirou His warmest wishes for the happiness and prosperity of the Senegalese people.

His Majesty the King also expressed His high regard for the “centuries-old and deep” bonds of brotherhood between the Moroccan and Senegalese peoples, and for the “traditional and unique” friendship uniting the two countries, reiterating the particular importance He attaches to their continuation in all areas of mutual interest.

“I look forward to working with Your Excellency to consolidate Moroccan-Senegalese cooperation at both bilateral and regional levels, within the framework of a dynamic and mutually beneficial partnership for the youth of our two countries”, said His Majesty the King.

The Sovereign took this opportunity to reiterate His congratulations and best
wishes for success in the high mission entrusted to Bassirou in the service of Senegal and its people.

Source: Agence Marocaine De Presse

Palestinian Youth Shot Dead by Occupation Forces Gunfire in Jenin

Occupied Jerusalem, A Palestinian youth was shot dead on Thursday by Israeli occupation forces gunfire in the town of Ya’bad, south of Jenin, north of the West Bank.

Palestinian news agency (WAFA) reported the martyrdom of the young man, Asaad Issam Al-Qaniri (28), a former prisoner, after the occupation surrounded his house, executed him and prevented ambulance crews from trying to treat him.

The Israeli occupation forces arrested four Palestinians from Bethlehem, and also raided and searched a number of homes, and destroyed vehicles east the village of Zaatara. They also arrested two brothers from the city of Nablus, while storming the city of Tubas in the northern West Bank.

The pace of arrests and raids in the West Bank has escalated in conjunction with the Israeli aggression on the Gaza Strip since Oct. 7, 2023, resulted in tens of thousands of martyrs, wounded, and missing persons.

Source: Qatar News Agency