Financial Reports for Employees

Article Abstract:

Though financial reports do not have to be supplied by employers to employees in Canada, many companies choose to do so because: 1) they recognize the employee's rights on moral or ethical grounds, 2) it improves productivity, 3) it reduces employee's uncertainty and increases her loyalty, 4) it conveys special messages and 5) it reduces wage demands. The format should be simplified, but not to the point of insulting the intelligence of employees. Increases and decreases in product demand might be included to shed some light on job security. Large numbers are best listed in terms of numbers per employee rather than lump sums. Some accounting for pension funds would be in order as they are a valid employee concern. A company financial report for employees can greatly enhance the relationship between employer and workers.

Officials and employees, Financial statements

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Latin America's financial planner

Article Abstract:

'Latin American Finance' is a magazine that is published in Spanish and circulated to top executives in 26 Latin American countries. Subscriptions are increased through the use of business reply cards. Latin American Finance, which focuses on financial events occurring in the U.S., Japan and Europe, is careful not to translate directly from English to Spanish, since cultural differences make some direct translations inappropriate. The magazine written and published in New York City has 22,000 subscribers, who are reached through a Panamanian distribution center.

Publishing industry, United States, Europe, Japan, International aspects, Periodical publishing, Popular culture, Direct mail advertising, South America, Direct-mail advertising, Latin American periodicals

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