Let the workers have a say on company pay committees

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Big business may not buy it but frank views on remuneration might breathe fresh air into boardrooms

It’s not hard to predict how big business will react to the proposal that a representative of the workers be appointed to remuneration committees. Corporate titans will declare the business select committee’s idea to be unworkable. They will seek to kick the recommendation into the long grass, a tactic that worked when Theresa May, in those half-forgotten days when she possessed some political capital, flirted with the notion of putting employees on main boards, and not just on pay committees.

 

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The workers need to be in the majority on company pay committees. Anything less is so much window dressing.

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