Library Finances 101: Developing Workplace Financial Literacy in Your Staff and Institution

Workplace financial literacy educates the entire library staff on the financial and business aspects of the library. It is more than a budget workshop or vocabulary list. It is a vital part of the successful management of a modern library. Sharing financial information and developing an open culture encourages and enables staff to use financial and managerial information to improve the operations and functions of the library. The result is informed and engaged staff members who are fully vested in and take responsibility for the success of the library.

Keywords: library management

Suggested Citation: Suggested Citation

Lemmer, Catherine A. and Sampson, Sara, Library Finances 101: Developing Workplace Financial Literacy in Your Staff and Institution (December 1, 2015). 22(3-4) College and Undergraduate Libraries 325-342 (2015). DOI: 10.1080/10691316.2015.1062739, Ohio State Public Law Working Paper No. 334, Indiana University Robert H. McKinney School of Law Research Paper No. 2016-13, Available at SSRN: https://ssrn.com/abstract=2737506