The 'your company' search at workSMART.org.uk lets visitors
access information that would usually be buried in annual reports
on 7,000 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.
Rod Armitage, Head of Company Affairs with the Confederation of
British Industry, suggests the development will not be a shock to
businesses.
"Companies will be entirely comfortable with this website
providing it accurately reflects the salary and other details
already available in their public documents," he said. "Keeping
staff well informed about the company's performance, pay structure
and staff representation is already high on the agenda for
firms."
"In most cases, however, union members will be entirely unaware
of details such as pay, benefits and length of contract for union
executives," he added.
