Robert Half Management Resources states that less than a quarter of privately owned companies provide regular financial updates to all of their employees, and it recommends organizations consider more openness about performance with workers.
Public company employees are told every quarter how their organization is faring, but 76% of the private firm chief financial officers asked by Robert Half Management Resources say they don’t regularly give wage earners a look at the balance sheet. Seventeen percent say they share financial information with select employees and only 7% share it with all.
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