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Doublespeak on workers representation. November 29, 2016

Posted by WorldbyStorm in Uncategorized.
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I have to admit, I actually laughed when I read this in the Guardian about the tortuous knots that May has tangled herself in in relation to her idea of workers representation on company boards.

Theresa May is not back-pedalling on her pledge to give workers a voice on company boards, the business secretary has said in response to criticism of the government’s announcement that it will not force companies to give employees a governance position.

And…

Greg Clark said the prime minister wanted workers to be represented, but not necessarily by having an employee on the board.

Brilliant! And how would this representation work?

“What we are proposing today is a range of proposals, including a non-executive director who has an explicit obligation to engage with the workforce, to report into the board, to chair a stakeholder panel and influence the renumeration committee.”

Vermin.

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