Good workplace communication is essential to all business goals: giving meaning, building company culture, preventing confusion, getting work done, being accountable and increasing annual revenue. Although the study included 400 large companies with more than 100,000 employees, according to author and communications expert Debra Hamilton, poor communication can cost small businesses with fewer than 100 employees an average of $420,000 a year. According to a Society for Human Resource Management study, “The Cost of Poor Communication,” the average loss due to poor communication in the workplace is $62.4 million a year. According to the Harvard Business Review, 57% of employees say they “don’t get clear direction at work,” and 69% of managers admit to feeling “uncomfortable communicating with employees.” “In particular, they lack the confidence to give direct feedback on performance, which can be perceived negatively, and to learn from mistakes made that demonstrate their vulnerability. Worse, 63% of respondents said they ever wanted to quit because poor communication and stress affected their ability to do their jobs, nearly double the 33% who wanted to quit in 2018 because of poor communication at work. Good communication isn’t just about hiring the right people, it’s about implementing effective practices and giving existing employees the tools they need to succeed in the workplace. Or switch immediately to our easily customizable tool that works easily across all channels to ensure that company standards, grammatical preferences, proper tone and best communication practices are followed. Poor communication in the workplace reduces productivity and increases confusion. A company that strives to improve workplace communication does more than avoid future misunderstandings and conflicts. Contact Grammarly Business to learn how you can improve workplace communication today. Poor communication causes employees to feel dissatisfied, stressed and unengaged. Phone, email and face-to-face meetings are common means of communication for any employee, but companies are increasingly using collaboration platforms such as Slack for project management and Zoom for remote connectivity. A regular review of the communication channels you regularly use will help you communicate properly with your employees. On the other hand, Harvard Business Review reports that sharing information among team members improves communication by more than 50%. All employees, from the rookie to the CEO, receive the same quality information and trust each other in their daily communication, which ensures consistency and a commitment to business improvement. People have different communication preferences, so it’s important to use as many channels as possible.