TheCorporateCounsel.net

July 27, 2021

Survey Results: Human Capital Management & Metrics

As we look toward the Form 10-K deadline for June 30th companies, here’s a reminder of our benchmarking survey on “human capital” disclosures. The responses below are from companies with market cap exceeding $10 billion (check out the full results for responses from different market caps):

1. Which HCM topics will you discuss in your Form 10-K? (select all that apply)

– Description of company’s diversity and inclusion initiatives – 72%
– Workforce health & safety – 72%
– Information about company culture and/or employee engagement – 67%
– Company investment in continuing education/training opportunities – 44%
– Information about retention/turnover at your company – 28%
– Succession planning – 11%
– Legal or regulatory proceedings relating to employee management – 0%

2. Will you include quantitative HCM disclosures? (select only one)

– We’re considering doing so, but we haven’t decided yet – 52%
– Yes, we’re planning to include some quantitative disclosures – 32%
– No, we’re not planning to include any quantitative disclosures – 16%

3. What type of quantitative data is your company planning to disclose? (select all that apply)

– Employee turnover rates – 67%
– Workforce gender, racial/ethnic diversity composition data – 67%
– Breakdown of full-time versus part-time employees – 33%
– Scores from employee engagement surveys – 33%
– Workforce health & safety metrics – 33%
– Internal promotion rate – 17%
– Absenteeism rate as a percentage of total hours worked – 0%
– Dollar amount of company investment in continuing education/training opportunities, such as total spend on training per employee per year – 0%
– Geographic mix of employees – 0%
– Mental health well-being rate – 0%
– Pay equity metrics – 0%
– Volume of legal/regulatory proceedings related to employee management – 0%

Liz Dunshee