In the workplace, psychological safety, explored in a January 4 report by Boston Consulting Group, acts as a potent catalyst for motivation, happiness, and retention. It hinges on creating an environment where individuals feel free to express opinions and take risks without fear of blame or criticism. The report unveils a correlation: among those reporting low psychological safety, 12% considered leaving within a year, while for those with high levels, the attrition risk dropped to 3%.

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