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Employees have no idea how their company is performing because managers think they don't need to know

David Woods, 30 Jun 2009

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Employees are being kept in the dark about their employers' business performance, with 28% being told nothing about business health and one in 20 discouraged from asking questions.

According to an employment survey from Badenoch & Clark, 30% of accountancy and finance staff have no idea how their business is performing and the issue is most prevalent in the Midlands where the figure rises to 45%.

Neil Wilson, managing director of Badenoch & Clark, said: "Good internal communication is given lip service by some business leaders. Too often, there is a tendency to believe the general workforce need not know the bigger picture.

"[But] one in four people said they would actually leave their employer if they were told nothing about business performance, and at a time when organisations are plotting a way through the recession, this could have a serious impact."

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