30% of Employers Don't Update
Employees on Financial Results
Thirty percent of employers say they either never
update employees or keep their employees "in the dark" on financial results,
according to a recent survey on HR.BLR.com
When asked how often their organizations update
employees on financial results, 18 percent of respondents said "never." Twelve
percent of respondents said their organization "keeps employees in the dark" on
Still, the survey found that most employers do update
their employees on financial results. Twenty-nine percent of respondents said
they update employees quarterly. Twenty-two percent said annually and 17 percent
said monthly. Meanwhile, 2 percent of respondents said they update employees on
financial results more frequently than monthly.
The survey included 222 respondents.