Quote:
Originally Posted by iamwhatiseem
In 20 plus years of business, and as a bloke who runs a company - I can safely say the VAST majority of employees at all levels know very little about the true financial shape of the company they work for, and have no idea of long term ideas and changes that will affect their job - until right up to when the changes are made.
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At my company, we actually
do know those things.
We know what our annual budget is, we know what the cost to produce our products is, we know what the cost to pay the roughly 450 employees is.
Last year, for the first time in the comany's history (30+ years at that point), employees didn't get Christmas bonuses, and some 40 people were shown the door, including some long-time employees.
We had a bit of a management shake up, and the first two quarters of this year have been, by far, the most profitable Q1 and Q2 the company has ever seen...