New report says the balance of company interests has swung too far towards shareholders and “away from working people who create the wealth”.
Brewdog culture under fire; Jan du Plessis named as next FRC chair; Wetherspoon opts for worker-directors; £46m fine for Standard Chartered.
High Pay Centre and CIPD call for remuneration committees to review workforce pay and oversee people issues and workplace culture.
Few companies have put employees on the board, but those that have prove the option is “not incompatible” with UK governance.
A study into compliance with workforce engagement provisions in the UK Corporate Governance Code shows no firms chose an employee director.
A study from the High Pay Centre on pay ratio reports has prompted calls for significant governance reforms in pay and worker representation.
Worker directors provide a direct link between the board and employees—and new perspectives on a business. But the move is not without its challenges.
Research shows companies are choosing the ‘safe option’ when it comes to employee representation on boards.
A worker representative in the boardroom is an option for companies under the UK’s new, revised governance code. A survey by ICSA reveals that other options will prove more popular.
A survey reveals that despite being an option in the UK’s corporate governance code, workers on boards is an unpopular choice.