Tuesday 26 March 2019

Workers on the board at.... Walmart?

If there were any doubt the idea of employee representation at board level is gaining momentum in some unusual places, then take a look at this:
Murray believes that, if there had been a meaningful number of people with a stake in Walmart’s longer-term health—such as store associates—involved in the business decisions, some of these changes wouldn’t have happened, and the company would be better off. This led Murray, with the help of a worker’s-rights organization called United for Respect, to join in drafting a resolution that she plans to present to Congress on Tuesday—and, later, at Walmart’s annual shareholders’ meeting—urging the company to place a significant number of hourly retail employees on its board of directors so that they might have input on major corporate decisions.
I think corp gov radicals are going to win this one.

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