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Employee representatives should sit on company boards in order to secure “a decent deal for workers,” Labour MP Jim Sheridan has argued.
In an essay by the MP published in the Centre for Labour and Social Studies, Mr Sheridan said: “Employees face worsening terms and conditions, deteriorating health and safety and stagnating wages.
“There is no better time to implement legislation to allow representatives on boards and give workers a say in the conditions of their own employment.”
His research was based on interviews conducted in Sweden where successful legislation is already in place.
In Sweden, companies with 25 or more employees have two representatives on the company board; companies with 1,000 employees or more have three.
The scheme has led to a reduction in strike days, improved industrial relations, positive effects on employee careers and is popular with 70 per cent of company directors in Sweden, the essay states.