Financial Transparency and Employee Confidence Survey

We asked 600 full-time employees how confident they are in their company's financial performance, underlying processes, and frequency of reporting.

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Financial transparency impacts employee confidence:

  • 65% of respondents said they could make more effective contributions if they had greater visibility into financial performance.
  • 47% of entry-level employees are either not confident in their company's financial performance or lack the information to determine it.
  • 76% of those who receive more frequent financial updates say they are more confident in their financial performance since the COVID-19 outbreak.

"Employees crave transparency and want to understand how financial performance influences overall business strategy so they can better contribute to it."

Brandon Metcalf
CEO, Place Technology