It’s in the interests of shareholders to have engagement and committed workforces, if they only realised it, writes James Moore. Perhaps Keir Starmer and his team could tweak their noses?
If you want an example of how Britain’s corporate elite appears to view the subject of employee engagement, you could do worse than take a look at Rolls-Royce.
Under the 2018 revision to the UK’s corporate governance code, public companies are called upon to pay heed to “the views of other key stakeholders” in addition to their shareholders, particularly employees.
For this purpose, it is suggested that they should either appoint a worker director, set up a formal “workforce advisory panel”, or hand the job to a “designated non-executive director”.