Human Capital Management: Continuing Disclosure Evolution

During our recent webcast - "Proxy Season Post-Mortem – 20 Things" - at the 46:26 mark, Kelly Reinholdtsen noted these developments in Year 2 of required human capital management disclosures in the Form 10-K:

- Some disclosure themes continued from last year - and in some cases, were expanded upon - as companies tried to get ahead of additional SEC rulemaking in the human capital area expected later this year. Disclosures typically touched upon:

- Workforce demographics, by gender or location

- Compensation elements, including how broad-based

- Commitment to DEI, including training, promotion and hiring programs and practices

- Retention and turnover trends

- Employee pulse surveys and employee satisfaction engagement and outreach

- Remote work opportunities and protocols, as well as health & safety plans

- Pay equity efforts