Reporting on workforce-related issues needs to improve to meet investor needs and reflect modern-day workforces according to a new report from the FRC’s Financial Reporting Lab.
Workforce-related matters such as working conditions, changing contractual arrangements and automation have all become areas of increasing investor focus in recent years and the Lab’s report reveals investors overwhelming support for clearer company disclosures.
The Lab’s report provides practical guidance and examples on how companies can provide improved information to investors. It encourages companies to think of the workforce as a strategic asset and explain how it is invested in, underpinned by data on the composition, engagement, retention and diversity of the workforce.
Alongside the report, the Lab also published a summary of the report covering questions companies should ask themselves about their reporting on workforce matters.
Full press release on FRC
Full report on FRC
Full summary on FRC
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