TUC website gives most UK employees freedom of their company information

A TUC website launched today gives most UK employees the freedom to uncover 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 at www.workSMART.org.uk, the TUC’s working life website, lets UK employees access detailed information, much that would usually be buried in annual reports, on 7000 UK companies employing millions of staff. Basic information is available on every UK company.

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.

Following a brief trial with information on a small number of companies the ’your company’ search tool is being launched with Companies House data brought together with detailed information on company finances from Bureau Van Dijk, staff representation from Labour Research Department, pay comparisons from PayWizard.co.uk, executive pensions from TUC Pensions Watch and charity activities from Guidestar UK.

TUC Assistant General Secretary Kay Carberry 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.

’your company’ is available at www.workSMART.org.uk/company