Originally posted by AtW
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A person with capital of £100 worth of shares in a multi-million company earning an annual income of £4.50 is entitled to speak to the board, once at year at the AGM.
A person with an annual income from the company of £30,000, where if they lose that income due to the board’s incompetence they also have their entire capital at risk (house, car, etc) are not entitled to speak to the board.
Should a board member talk to every employee? Perhaps not. Should employees have an advocate at board level? Sure, why not? Why is this any different to having a non-share owning, fee retaining, non-executive Director?
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