A new TUC website gives most UK employees access to information about their company including staff pay and pensions compared to directors’, profits and losses, shareholder details and arrangements for staff representation.
The “your company” search, the TUC’s working life website, lets UK employees access detailed information, usually buried in annual reports, on 7,000 UK companies.
Employees can use the site to compare their own pay with company directors. When they enter what they were earning five years ago the site tells them how much they would be being paid if their earnings had increased at the same rate as that of their top bosses.
Staff can also compare their own pay to others doing the same job at different firms.
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Kay Carberry, TUC assistant general secretary, said: “Most employees in the country will now have freedom to get important information about their company with the click of a mouse rather than digging through company reports.
“Company finder also enables job seekers to check out a firm before interviews or accepting a post. The TUC will continue adding to this search tool to give current and prospective employees as much information about UK plc as possible.”