Willis Towers Watson's "Principles of human capital measurement and disclosure" suggests a process and principles companies may consider to facilitate their compliance with the new Reg. S-K human capital disclosure requirement. The sound principles start with materiality, which is key, but also encompass other important considerations such as relevance, measurability, reliability, durability, comparability, timeliness, and the costs/benefits of measuring any particular element. The memo includes examples of human capital topics and aspects of each that could be used for disclosure purposes subject to application of the guiding principles and other company-specific circumstances.
See last week's reports: "Human Capital Management Disclosure & Engagement and "Regulation S-K Amendments: Practical Disclosure Guidance" and additional resources on our Human Capital/Workforce Management page. This post first appeared in the weekly Society Alert!