Effectory International’s study of 46 European multinational organisations has uncovered that board of directors (including C level) account for a ninefold difference in employee engagement and commitment. Insights gained from employee survey analysis reveal that when employees have confidence in the board, they are nine times more likely to be engaged in their work and…
Three in five of the UK’s top directors are now receiving cash payments – almost £33m last year – instead of contributions to their pension schemes, says the TUC in its latest annual PensionsWatch survey released yesterday (Tuesday). Now in its twelfth year, PensionsWatch analyses the latest trends in retirement provision for senior executives by looking…
There is no doubt, the Enron and Worldcom scandals over a decade ago left their mark. In the intervening years, greater attention than ever before has been paid to the regulations, standards and initiatives of corporate governance of which Sarbanes Oxley and the OECD’s ”Principles of Corporate Governance” are amongst the best known. Corporate Governance…
Non-executive directors in FTSE100 companies are seeing an end to the increases in their fees experienced after the financial crisis, according to a new report by PwC. PwC’s research reveals that the base board fees for non-executive director roles in the FTSE100 are beginning to plateau after several years of rises, as companies try to…
As of today (tuesday), shareholders will have the power to approve directors’ pay together with a binding vote on pay policy and exit payments, under the new Enterprise and Regulatory Reform Act 2013. What does the new law mean? The new rules mean that once a pay policy has been agreed, it will then stand for…
The media focus on Microsoft of late has certainly got business and HR figures talking. With a CEO set to leave and a decision yet to be made on his successor, it’s certainly fair to say that the company is facing a long period of change. However, one element of this saga concerns me that…
According to research by recruitment firm, Robert Half, UK HR directors are worried about losing staff in 2013. The study of 200 UK HR directors found that 79% of respondents are very concerned about losing their top performing staff, while they believe that one in five of their employees will be looking for a new…
Researchers have claimed that organisation that have women on their board consistently outperform those which only have male directors. This suggests that there is a strong business case for gender diversity in the boardroom. The Credit Suisse Research Institute measured the share price performance of 2,360 companies globally over the past six years and concluded…
Almost half of UK Non Executive Directors feel underused and undervalued Nearly half of Non Executive Directors (46%) do not feel that their experience and knowledge is leveraged to full effect often enough by the Boards they sit on according to a new study(1) by Korn/Ferry Whitehead Mann and KPMG. The research was conducted on…
New research among employees across the globe* finds that leaders lack empathy with their staff, have poor leadership skills and that a third of them are ineffective. The report, from talent management company DDI, found that one in three respondents (34%) said they only sometimes or never consider their leader to be effective, and well…
IT directors have an opportunity to prove their business importance in 2012. With colleagues increasingly recognising the value of IT, IT leaders have a growing influence in the boardroom. 2012 is the year for CIOs, CTOs and IT Directors to forget past perceptions of IT as a purely technical function and demonstrate its strategic importance…
Company bosses have ‘distorted’ view of own abilities and are unduly positive Company directors have a “distorted” view of their success and reputation compared to less senior managers in their organisation, according to new research from Roffey Park. Board members are also “out of touch” with lower ranks in their perception of how effectively change…
Directors of SMEs no better – and in some cases worse off – than they were in 2007 · 61% directors in smaller companies had a pay freeze last year Directors of small and medium sized firms in the UK are no better off – and in some cases poorer – than they were five…