80% of Asia-Pacific Companies Increasingly Transparent in Business Operations
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According to Michael Page's Talent Trends 2021 report, 80% of companies in the Asia Pacific region admit to being increasingly open in conducting their business. Of this number, 56% of companies increased transparency regarding their business strategies.
33% of companies are becoming more open about their financial condition. 31% of companies also reported being more transparent regarding employee management. However, only 14% of companies increased transparency regarding wages and bonuses.
Based on the report, openness and transparency are key to building effective internal communication. On that basis, 53% of companies plan to increase the frequency and number of communication mediums, such as webinars and town halls.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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