Safe Workplace as a Guarantee of Development

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

Idram and IDBank, in collaboration with the Women’s Empowerment Principles (WEPs), will highlight the importance of these principles, their adoption, and their promotion through an upcoming series of articles.

In the technology sector, where human capital is the most valuable resource, building a culture of physical and psychological safety becomes a true competitive advantage. By promoting a model based on mutual respect, Idram and IDBank demonstrate that safety and respect are fundamental drivers of innovation.

At the core of Idram and IDBank’s approach is the belief that employees should feel protected not only physically but also psychologically. When team members are free from pressure and concerns, they can direct their energy toward generating new ideas, growth, and development.

“Here, decent work, mutual respect, and safety for everyone are encouraged. We strive to create an environment where every employee feels valued and protected, because talent flourishes where there is trust,” note IDBank and Idram.

The policy adopted by Idram and IDBank aligns with the best global practices. International research shows that a stressful or unfavorable work environment directly impacts business performance. For example:

• According to research by Harvard University, in organizations where employees feel respected and safe, employee loyalty increases by 89%, while job satisfaction rises 1.1 times.
• According to Gallup, employee engagement increases by 27% and productivity by 12% in companies that ensure psychological safety.

Idram and IDBank maintain a strong focus on creating a secure working environment. As a result, employees consistently generate new ideas and contribute to their implementation not only in Armenia but also beyond its borders. A safe environment first supports the personal development of employees and, consequently, the overall growth of the business.

This sends a clear message: decent work, emotional security, and professional safety are not luxuries, but essential components of a modern and successful business.

THE COMPANIES ARE SUPERVISED BY THE CBA 

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