Tag: TUC
Average pay for top CEOs rises to £3.91m
FTSE 100 saw median pay for chief executives up 16% from 2021 to 2022, High Pay Centre think tank research shows.
Fresh detail for reforming Section 172
Push continues to reform company directors’ duties so that they embrace a wider circle of stakeholders.
TUC urges change to company law that prioritises shareholders
New report says the balance of company interests has swung too far towards shareholders and “away from working people who create the wealth”.
Workforce voice in corporate governance: where are we now?
FRC research into implementation of requirements on workforce engagement shows that progress has been patchy.
FTSE 100 rejects idea of employee director to boost worker engagement
A study into compliance with workforce engagement provisions in the UK Corporate Governance Code shows no firms chose an employee director.
Opinions of the code: The good, the bad and the missed out
Revisions to the UK Corporate Governance Code, published in July, have sparked mixed reactions from commentators. One thing is clear: the new code won’t please everyone.
UK’s draft new governance code has a social mission
This week saw the release of a new draft code for UK corporate governance. While many were distracted by measures on executive pay, the code’s real mission is social “injustices”, as highlighted by Theresa May last year.
There’s still everything to gain from having workers on boards
Despite the government’s U-turn, there remains a good case for companies to bring employees into the boardroom, says Janet Williamson of the TUC.
Publishing pay ratios is ‘crude’, but are a ‘step in the right direction’
Business groups are largely in favour of the government’s planned law to publish pay ratios, but the TUC describes the ‘tick-box’ approach as ‘feeble’.
Disquiet after governance reform fails to appear in Queen’s Speech
The absence of corporate governance reform details from the government’s legislative agenda has caused concern in the business community.