Enterprise and Regulatory Reform Bill — Clause 61 — Consultation of Employee Representative Before Quoted Company Changes Policy on Director Pay — 17 Oct 2012 at 16:30

Oliver Letwin MP, West Dorset voted against requiring a representative of a quoted company's employees be consulted before the director's remuneration policy is revised.

The majority of MPs voted against requiring a representative of a quoted company's employees be consulted before the director's remuneration (pay and benefits) policy is revised.

MPs were considering the Enterprise and Regulatory Reform Bill[1]. The amendment rejected in this vote was:

  • Amendment 93, page 51, line 23, at end insert—
  • ‘(1A) A representative of the company’s employees must be consulted in the preparation of any such revision.’.

Had it not been rejected this subsection would have been added to Clause 61[2] of the Bill which related to Payments to directors of quoted companies and specifically Members’ approval of directors’ remuneration policy. The paragraph before the one to be inserted stated:

  • The directors’ remuneration policy contained in a company’s directors’ remuneration report may be revised.

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Debate in Parliament | Source |

Party Summary

Votes by party, red entries are votes against the majority for that party.

What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.

What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.

What is Turnout? This is measured against the total membership of the party at the time of the vote.

PartyMajority (No)Minority (Aye)BothTurnout
Alliance0 10100.0%
Con235 (+1 tell) 0077.4%
DUP0 4050.0%
Green0 10100.0%
Independent0 10100.0%
Lab0 203 (+2 tell)080.4%
LDem42 (+1 tell) 0075.4%
PC0 2066.7%
SDLP0 2066.7%
SNP0 5083.3%
Total:277 219078.1%

Rebel Voters - sorted by party

MPs for which their vote in this division differed from the majority vote of their party. You can see all votes in this division, or every eligible MP who could have voted in this division

Sort by: Name | Constituency | Party | Vote

NameConstituencyPartyVote
no rebellions

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