ISO Human Capital Reporting Standards Just Published – What Do You Need to Know?
The international Standards Organization (ISO) published their first standards for human capital reporting in December covering 54 measures. The document provides guidance for internal and external reporting by both large and small organizations. While the recommendation is for voluntary disclosure, early adopters are expected to start disclosing in the next several years and some countries will mandate adoption of the standards, including public reporting. The standard is the culmination of a great deal of work by an ISO working group representing experts from numerous countries over the last three years led by Stefanie Becker from Germany.
Learn from Jeff Higgins, CEO of the Human Capital Management Institute (HCMI), to get an insider’s view of the standards and the process that led to their creation as well as the reasons why the standards are necessary. Jeff has been an active member of the ISO working group since its inception. Jeff explores the following:
The need for human capital reporting standards in general and more specifically the need for public disclosure of key human capital measures
The process used by ISO to create the standards
The types of measures covered
Prospects for adoption and steps organizations should begin to take now to be ready
CEO & Founder, HCMI
Jeff is a global thought leader with 25 years combined workforce planning, analytics and finance experience supporting Fortune™ 500 companies. Jeff has helped organizations around the world quantify the ROI of workforce decisions and realize cost saving opportunities of up to $1.0 billion USD. Jeff is both a former senior HR executive and former CFO, and a regular speaker at HR events. Previously, Mr. Higgins worked in finance at Johnson & Johnson, Colgate Palmolive, Klune Industries and a senior HR leader at Countrywide Financial, IndyMac Bank, and Inform, a leading analytics software co. Jeff is on the SHRM Global Standards Committee on human capital, the Center for Talent Reporting board and founding member, PwC Saratoga Institute advisory council.