date: Monday 11 July 2016
embargo: For immediate release
Responding to Theresa May’s call today (Monday) for workers to sit on company boards, TUC General Secretary Frances O’Grady said:
“The TUC has long argued for workers to be given seats on company boards and remuneration committees. Workers have a clear interest in the long-term success of their companies and deserve a bigger say.
“This move would inject a much-needed dose of reality into boardrooms, as well as putting the brakes on the multi-million pay and bonus packages which have done so much to damage the reputation of corporate Britain.
“If politicians are serious about making chief executives more accountable this is a common sense approach. I stand ready to meet Theresa May to discuss these proposals.”
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