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ToR for Directors undertaking the workforce engagement role

13th July 2020 2 Comments

A AIM Company Secretary writes...

I am interested to hear from companies who have decided to appoint a Designated NED for workforce engagement; what terms of reference they have been given to that role?

 

(N.B.  If you are prepared to share your full ToR I would be happy to forward an anonymous version if you were to email them to me.      David Mensley)

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  1. FTSE SMALL CAP said

    13th July 2020 at 3:04 pm

    Good question. Our Company has a designated NED for workforce engagement. We don’t have any formal terms of reference (which is our usual style – to keep this incidental paperwork to a minimum) as it is pretty clear from the relevant parts of UKCGC what the role is (i.e. Principle D sets out the overall objective, and Provision 5 goes into a bit of detail)

    I suppose one could just convert these parts of the UKCGC into a ToR, if it was felt necessary

    In practice, I go through the requirements of the role with the NED twice a year, based on what I’ve said above.

    • FTSE250 said

      13th July 2020 at 11:18 am

      David – I have sent you our ToRs

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