Creating an open corporate culture
The terms and conditions of employment go a long way to creating a fair and welcoming culture for employees
"ALL wages, bonus payments and prerequisites given to an employee as payment for work done are published in every office building, every factory and every warehouse." I put this at the top of the Terms and Conditions for my company, Cerebos Pacific Ltd, because it is an important statement about the business.
You may say that nobody does it. My answer - good reason to be different. Others may worry about lack of privacy. I explain to them that there is no privacy left anyway and transparency has a benefit that outweighs privacy. You may lose the odd employee. If so, you are avoiding taking someone who would not fit in with your open culture. You benefit from that.
What do terms and conditions have to do with the culture of a business?
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