The Companies (Miscellaneous Reporting) Regulations 2018


?These came into force in January 2019, with most reporting generally beginning in 2020 (apart from CEO pay ratios)

They require companies with more than 250 UK employees to:

Include a statement in the directors’ report summarising action taken to:
  • Systematically provide information to employees that is of concern to them as employees, such as a business performance update.
  • Consult employees or their representatives regularly to take account of their views in making decisions likely to affect their interests.
  • Encourage employees’ involvement in the company’s performance through employee share schemes or other means.
  • Achieve a common awareness of financial and economic factors affecting the company’s performance.

Publicise in the directors’ remuneration report the ratio of the CEO’s remuneration to the median, 25th and 75th quartile pay remuneration of UK employees, together with supporting information and an explanation.

Include a statement as part of their strategic report describing how the directors of the company have had regard to the matters listed in section 172(1)(a) to (f) of the Companies Act 2006.

Further reading

Can HR quantify culture?

The new UK Corporate Governance Code