Nov 6, 2006

Poor internal communications costing money

If you thought that the poor internal communications only increased attrition, then think again.Recent research has shown it is also effecting the bottom line of companies in terms of loosing out on ideas generated by their employees.

“Communication issues are causing UK businesses to miss out on valuable employee ideas, reducing their profitability and increasing staff churn, at a typical cost of UK£943* per employee, per year, according to recent research.”

This should be a sufficient incentive for companies to concentrate on improving their internal communications.

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