Companies are overwhelmingly opting to appoint designated non-executives to gather workforce views and improve employee engagement. But what is the recipe for getting it right?
Last week investors in Schroders, the UK asset manager, signed off on the company’s annual report for 2018. Nothing unusual in that, but it was the first known report to contain details of a new feature for British businesses—a non-executive charged with gathering and representing the views of the workforce.
The report contained only a brief description of the company’s plans, but is notable in that it may indicate the direction of travel for other companies as they head towards their own reporting seasons.
Schroders’ move comes after much discussion over the integration of workforce opinion into boardroom decision-making.
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