A business dictionary defines transparency as “Lack of hidden agendas and conditions, accompanied by the availability of full information required for collaboration, cooperation, and collective decision making.” They also describe it as an “essential condition for a free and open exchange whereby the rules and reasons behind regulatory measures are fair and clear to all participants.”
It has been proven that transparency helps a business not only internally, but externally the public embraces it believing that honesty is the best policy.
I have always found (but recently reconfirmed) that transparency is equally beneficial for employees as it is for employers. It can frighten some to disclose information about life events or a forced change of scenery, however you can imagine an employer enjoys the heads up as much in advance as possible. It is okay to ask questions when the answer is eluding you. It is okay to discuss a troublesome client. And when 2 weeks is standard in this industry, if you have the opportunity to give more it tends to be appreciated. If there is a life changing event it can help to lay out all your cards on the table.
I enjoy doing not only what is best for me, but what is also best for the company.