Research shows companies are choosing the ‘safe option’ when it comes to employee representation on boards.
Theresa May came to power in 2016 declaring a host of radical policies, among them an intention to place employees on boards. This week more evidence has emerged that companies are unlikely to throw open the boardroom door to someone from the shopfloor.
Whatever the prime minister’s intentions when she launched the idea, it looks very much like companies will take the conservative option for engaging with employee opinion.
Research from the Local Authority Pension Fund Forum (LAPFF), which represents local authority pension funds worth £230bn, found that almost three quarters (73%) of the companies asked will opt to appoint a non-exe
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