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Employers are doing a poor job of disclosing financial performance to workers

November 17, 2017

Via: HR Dive
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Trust and transparency are at the core of employee engagement. A key takeaway from the survey is that most employees are interested in their company’s business and financial outlook, want truthful and timely information about the company and are willing to work harder to help it succeed.

HR can set the tone for a transparent, engaging work environment, with managers and supervisors building trust within organizations through open, honest communication. A 2017 Edelman Trust Barometer report found that workers who trust their managers tend trust their organization’s leadership. A Willis Towers Watson study released in June showed that less than half of workers had confidence in their organizations’ senior leadership.

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