Workers on company boards ‘within a year,’ says TUC

A report from the TUC suggests that the Prime Minister’s commitment to have workers on company boards could be law within a year – if she were to begin a consultation on the issue soon. The TUC argues that the new law should apply to all firms with more than 250 employees and could be phased in gradually, starting with the largest organisations.

It calls for a third of company board members to be worker representatives, elected directly by their colleagues, as is the case in 12 other EU member states.

Frances O’Grady, TUC general secretary said:

‘Seats for the workforce on company boards would do much to improve the reputation of corporate Britain. It is essential the Prime Minister holds her nerve and resists any calls to water down the proposals.’
‘All Aboard: Making worker representation on company boards a reality’, TUC, October 2016. To download the report, please visit: www.tuc.org.uk/workplace-issues/workers-company-boards-could-be-law-within-year-says-tuc-report