Tag: workers on boards
Senator Marco Rubio calls for workers to sit on US boards
The proposal is expected as part of a bill by Republicans Rubio and congressman Jim Banks to create “employee involvement organisations”.
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”.
News round-up: this week in governance
Brewdog culture under fire; Jan du Plessis named as next FRC chair; Wetherspoon opts for worker-directors; £46m fine for Standard Chartered.
Pay experts recommend a revamp of remco responsibilities
High Pay Centre and CIPD call for remuneration committees to review workforce pay and oversee people issues and workplace culture.
Worker engagement report reveals ‘pockets’ of good practice
Few companies have put employees on the board, but those that have prove the option is “not incompatible” with UK governance.
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.
Pay ratio reports: boards challenged to reveal how they will use data
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: what to consider when appointing employees to boards
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.
Theresa May’s worker representation proposal fails to gain support
Research shows companies are choosing the ‘safe option’ when it comes to employee representation on boards.
Dim prospects for employees 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.