New ‘pay ratio’ will compel businesses to explain pay gaps
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UK businesses with more than 250 employees will need to explain differences in pay between their chief execs and average workers under new government plans. A metric, known as the ‘pay ratio’, will be used to monitor renumeration structures, which Business Secretary Greg Clark hopes will help bring executive pay in line with company performance. There […]
Want to transform employee behaviours to affect lasting organisational change? There’s a book for that
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Best-selling Dutch business book, ‘Change 3.0, A natural approach for sustainable organisational change’, is now available in English. In her own words, the book’s co-author Wendy Nieuwland says organisational change is traditionally rooted in problem analysis and diagnosis; Change 3.0 takes the approach that organisational change is about a ‘change in collective (or employee) behaviour’. As such, […]