New ‘pay ratio’ will compel businesses to explain pay gaps
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
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, […]