January 28, 2022

Volume XII, Number 28

Advertisement
Advertisement

January 28, 2022

Subscribe to Latest Legal News and Analysis

January 27, 2022

Subscribe to Latest Legal News and Analysis

January 26, 2022

Subscribe to Latest Legal News and Analysis
Advertisement

UK General Election: Scottish National Party Manifesto Follows The Liberal Democrat Lead…

In our blog posts last week we reported on the Labour and Liberal Democrat manifesto pledges affecting executive remuneration.  The Scottish National Party has now published its manifesto, which picks up similar themes.  The SNP has a number of policies relating to strengthening the position of trade unions in the workplace, with part of the underlying rationale being “to reduce inequality in labour income and ensure a more equal distribution of earnings”.  In terms of employee representation, the SNP follows the Lib Dem approach of supporting employee representation on company boards rather than the more limited Labour policy of having employee representation only on remuneration committees (i.e. where executive pay is decided).

Although it is not anticipated that the SNP will enter into a coalition if the election results in a hung parliament, the clear link to Lib Dem policy in this area could well be influential.  In particular, it looks as if the outcome of coalition talks might mean that the policy of a Labour-led government on employee representation would go even further than their original manifesto pledge.

© Copyright 2022 Squire Patton Boggs (US) LLPNational Law Review, Volume V, Number 110
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

About this Author

Lawrence Green, Squire Patton Boggs, UK, Labor Consultant
Consultant

Lawrence Green specialises in providing advice to clients in relation to employee share incentive arrangements. His expertise includes advising clients on the design of such arrangements and assisting with successful implementation of the chosen structure. Lawrence advises a wide variety of clients from multinational and FTSE 100 companies through to smaller private entities. Lawrence is a member of the Share Plan Lawyers group and is a member of the Triathlon England Management Board.

44 121 222 3394
Advertisement
Advertisement
Advertisement