Employees in British boardrooms remains a topic for debate in the UK. Lynn Strongin Dodds investigates models across Europe and learns that there is no “one-size-fits-all”.
To date, 18 countries in the EU, plus Norway, have legislation or other arrangements in place for worker representation on boards. Ten countries, including the UK, Belgium, Bulgaria, Cyprus, Estonia, Italy, Latvia, Lithuania, Malta and Romania, do not. But that may be about to change. UK prime minister Theresa May has pledged an overhaul of corporate governance, including appointing employee representatives to British boardrooms. Yet even as the UK waits for detail on the policy, the lessons from Europe show that there is no single model for the involvement of worker representatives. Stephen Ravenscroft, partner at law firm White & Ca