Although psychological safety is easier to develop and maintain when there is trust and respect amongst the team members, these are two different concepts. Psychological safety is a function of the group whereas trust is between two individuals. Psychological safety describes an immediate experience while trust is about some future moment.Why psychological safety is vital in a workplace?
Studies on psychological safety point to wide-ranging benefits, including increased confidence, creativity, trust and productivity. A 2017 Gallup report found that if organizations increase psychological safety, it makes employees more engaged in their work and can lead to a 12% increase in productivity.