Proceeding contribution from Baroness Wall of New Barnet (Labour) in the House of Lords on Wednesday, 16 March 2011. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill.
Postal Services Bill
I, too, support the amendment. In my experience, where employees have a stake in the business—such as being shareholders—the greater the influence they have in that business, the bigger the responsibility they take. It is a win-win situation. The presence of employees on the board means that they react differently. The evidence from when that has happened where I have been involved as a trade union official is that their ownership of the business and its success has been reinforced. The whole workforce engages in the business as a result of that recognition.
Secondary information
- Type
- Proceeding contribution
- Reference
- 726 c253
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Access Disadvantaged Assets Bank services Closures Banks Credit unions Cooperatives Industrial democracy Privatisation Opening hours Post offices Profit sharing Postal services Post Office Small businesses Rural areas Royal Mail Universal service obligation
- Legislation
- Postal Services Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 15:01:29 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_726542
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