July 17, 2018
Businesses told to consider the interests of workers and other stakeholders in new code
The Financial Reporting Council (FRC) has published its new Corporate Governance Code in a bid to improve trust in UK business. The new Code will remain on the “comply or explain” basis mandatory for which it has been criticised in the past, but has been broadly welcomed by industry bodies. The code sets out a number of recommendations aimed at improving culture and trust in business, of which it suggests at least one be applied. They include having a director appointed from the workforce, a formal workforce advisory panel and a designated non-executive director. The Code will apply to accounting periods from January 2019 and is applicable to all companies with a premium listing.
July 11, 2018
A beauty industry veteran makes the case for corporate wellness
by Leena Jain • Comment, Wellbeing, Workplace design
Wellness is a term that today transcends the consumer and business worlds, but it is so much more than a buzzword. Today, the wellbeing of employees is essential for organisations to flourish, so much so that the term has in many ways replaced ‘productivity’ as the way to measure the success of an organisation. Both the beauty and workplace design sectors are very personal areas of high emotional involvement. There is a very real and physical contact with these products — in beauty, women are particularly (and increasingly men too) engaged in developing a customised routine because it gives them a sense of happiness, wellbeing and identity.
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