In February 2020, The Conference Board embarked on a research project to understand how human capital analytics (HCA) affects the worker experience and how companies use HCA. We had no idea how COVID-19 would affect our research but quickly decided to use the results from this prepandemic survey as a baseline to understand how this disruptive event would change how organizations thought of and used data. Nine months later, we conducted a slightly modified survey to measure how COVID-19 changed the way organizations think about workplace experience and HCA.

The SEC is now requiring that US public companies disclose information about human capital management “to the extent such disclosures would be material to an understanding of the registrant’s business”—such disclosure is no longer voluntary. Boards will need to determine whether human capital is material, what they need to disclose, how to contextualize human capital performance, and how they should communicate this to the investor community.

In February 2020, The Conference Board embarked on a research project to understand how human capital analytics (HCA) affects the worker experience and how companies use HCA. We had no idea how COVID-19 would affect our research but quickly decided to use the results from this prepandemic survey as a baseline to understand how this disruptive event would change how organizations thought of and used data. Nine months later, we conducted a slightly modified survey to measure how COVID-19 changed the way organizations think about workplace experience and HCA.

The Securities and Exchange Commission (SEC) recently introduced new disclosure requirements designed to provide stakeholders insight into human capital. To help us make sense of Human Capital ISO standards, Jessica Miller-Merrell spoke with Zahid Mubarik in podcast 266.

The podcast can be found here

Zahid shares his thoughts on the human capital metrics that will now be part of quarterly SEC reporting.

Authors: Karl Craven & Ruth Holmes

The HR profession has had to shout loudly to have its voice heard at the board level. But a game-changing voluntary global standard, ISO 30414 Human Resource Management – Guidelines for internal and external reporting, illuminates the value of a company’s people in a way that will be hard to ignore.