Why creating an annual report for employees is an ambitious—and proven—way to teach business literacy
Employees are anxious.
They hear “worst economic crisis since the Great Depression” and start worrying about their salaries, their jobs and their livelihoods. The best antidote to this fear is education.
Prepare employees for the looming—or current—recession with one dynamic document, the employee annual report. What is this document? Imagine your shareholder’s annual report, except this one emphasizes the interests of employees.
“Everything starts with the employees,” said Patrick Williams, senior Ragan consultant and author of The Employee Annual Report. “If you’re accountable annually to your shareholders, shouldn’t you be accountable annually to your employees?”