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13 December 2018
Capita has announced it will appoint two employees from its 70,000 workers to its board, as non-executive director.
The outsourcing firm has promised the successful candidates a salary of £64,500 on top of their existing pay. The only proviso is that they have worked for Capita for more than two years. This move will make Capita the first FTSE company, since the 1980s, to have workers on its board.
When she became PM in 2016 Theresa May had said she wanted to see the appointment of worker-directors on to big company boards. Everyone then seemed to cool to the idea, until Capita that is.
CEO Jon Lewis said that an employee perspective at board level was long overdue and can “only help us achieve our objectives”. He felt it would also help improve checks and balances.
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