A study into compliance with workforce engagement provisions in the UK Corporate Governance Code shows no firms chose an employee director.
Not so long ago the idea of workers on boards was a hot topic; former prime minister Theresa May even made it part of her forlorn efforts to make society more equitable. It seems big companies don’t like the idea.
In the first research to look at the use of workforce engagement provisions in the UK Corporate Governance Code, it is apparent not a single FTSE 100 company has opted for an employee director as part of their compliance with the guidelines.
The research also found little evidence of how engagement with employees fed through into company decision-making, as well as a mixed bag of reporting of how engagement processes work, s
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