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Hitchin: +44 (0)1462 620 100 | Kensington: +44 (0)20 7937 3309 Contact us
Should you open the books to employees?
At Chancellers we can advise business owners in the Hitchin area on many of the issues you face. Here are some of the possible advantages of opening the books to your staff...
Opening the books to employees is a strategy that has been tried to varying degrees by business owners over the years, and has often proved to be successful in motivating the workforce and improving performance.
Those who have taken this route report a number of benefits:
Not every owner would want to go so far as to reveal everything to the staff, but it might be worth considering at least a little more transparency for your business.
For the strategy to succeed you will need to develop a system of reporting that provides your employees with timely financial information in a form they can work with. We would be happy to help you.
If you are in the Hitchin area and are looking for support and advice from a team of professional accountants and business advisers, contact Chancellers.
Do you have any questions for us?
Simply get in touch and the relevant team member will get back to you asap.
20 Oct 2021
Homeowners in England and Wales will be offered subsidies of £5,000 from next April to help them to replace old gas boilers with low carbon heat pumps.
19 Oct 2021
A single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, according to the Pensions and Lifetime Savings Association (PLSA).