The Presentation of Financial Information to Employees

Abstract

A growing practice in industry. It has been for many years the custom of a number of industrial companies to publish summaries of their financial results for the information of their employees. In some cases this information is presented in the form of a booklet or news sheet in which the salient features of the annual accounts are explained in simple terms. Other companies include such information in their house journals, alongside the ostensibly greater human interest of births, marriages and deaths. It is by no means unknown for companies to publish interim reports, especially of output and sales turnover, on works notice boards, interposed perhaps between announcements of the forthcoming staff dance and next Saturday's football match. In a praiseworthy effort to make the figures more comprehensible to those illiterate in numeracy, or merely more unindigestible, the financial data may be illustrated by pie charts in arresting colours or little men of various sizes.

Citation

Taylor, A.H. (1975), "The Presentation of Financial Information to Employees", Managerial Finance, Vol. 1 No. 1, pp. 14-23. https://doi.org/10.1108/eb013338