Early in May, the Workforce Investment Disclosure Act was introduced in Congress. Also referred to as Human Capital Management Disclosure, it will require public companies to disclose information about their workforce management policies. If the act is passed, these companies will need to include specific HR metrics in their public filing. What does this mean for your business? Many claim this act will be a game-changer and finally make companies to walk-the-talk when it comes to touting “people are our most important asset.”
To help cut through all the noise, we reached out to Jeff Higgins, Founder and CEO of Human Capital Management Institute (HCMI). Jeff advised Rep. Cindy Axne and Sen. Mark Warner on this legislation. Jeff discussed:
- What your need to know about human capital disclosure requirements
- What prompted the SEC to mandate human capital disclosure requirements
- What this trend has to do with the recent push for Diversity, Equity and Inclusion (DE&I)
- The consequences for businesses that fail to properly report human capital metrics or don’t report at all
During our second segment, Jennifer McClure, CEO of DisruptHR, introduced the Geeks Geezers Googlization audience to DisruptHR and updated us to its post-pandemic future. GGG host is a past presenter on the DisruptHR stage. Watch his appearance here.