The Valuing your Talent research aims to help businesses move towards a more consistent, analytical approach to their people data. It is enabling businesses to make better people management and investment decisions which, in turn, will drive productivity and sustainable growth.

People measurement and reporting: from theory to practice

People measurement and reporting: from theory to practice explores the evolution of the Valuing your Talent Framework through new case studies with leading organisations and academic experts. The work, culminating in the updated Valuing your Talent Framework and website illustrates the importance of human capital measurement and reporting in organisations today, and provides fresh insights about how people data can be operationalised through more effective measurement and reporting.

The research was conducted by the CIPD and CIMA, and includes a collection of practice based case-studies, and a summary of research exploring human capital reporting by the FTSE 100, conducted by Ulster University in 2016.

This reports represents the next step in the development of the Valuing your Talent movement, which aims to help organisations and expert professionals to be more consistent in their human capital analytics, and to use people data to drive more effective evidence-based decision making. Ultimately the programme aims to improve the way organisations manage and care for their people.

Reporting human capital: illustrating your company's true value

This report investigates how FTSE 100 organisations currently report on human capital to their external stakeholders. We’ve analysed the content of 100 company reports over two time-frames, asking two key questions about the quality and quantity of the data they contain:

  • To what extent do FTSE 100 companies’ annual reports follow the Financial Reporting Council’s guidance on narrative reporting?
  • What are the common human capital measures that organisations are reporting on, and how does this vary by industry sector?

Based on this analysis, the report investigates whether or not the latest attempt to improve human capital reporting through policy intervention is likely to be successful.

The report was commissioned by the Valuing your Talent partnership and was authored by Dr Martin McCracken, Professor Ronan McIvor and Mr Tony Wall at Ulster University Business School.

Investing for sustainable growth

This report explores the views and perspectives of members of the investment community and those who work with it on the issue of human capital management reporting. The report was commissioned by the Valuing your Talent partnership and written by the CIPD, in conjunction with Pensions & Investment Research Consultants Ltd (PIRC). Sixteen interviews were conducted, which included seven participants from the sustainable responsible investment (SRI) or environmental, social and governance (ESG) sphere and three from more mainstream investment backgrounds.

The sample was largely self-selected as it proved difficult to recruit a good balance of interviewees from the wider investment community. It also drew on interviews with academic experts on this subject, and from a representative of the Financial Reporting Council. They were asked their views on the potential value of HCM information in terms of providing insights into business value or risk, the state of existing practice, and on barriers to improving reporting. Interviewees were also asked their views on four key measures recommended for external reporting by the VyT research.

Managing the value of your talent

The Managing the value of your talent research report shows employers how they can better understand the impact their people have on the performance of their organisation and as a result make better people management and investment decisions.

The research was conducted and written by Anthony Hesketh of Lancaster University Management School and represents the collective views and opinions of over 70 professionals across 50 institutions including Microsoft, IBM, Unilever and Xerox to name just a few.

As part of the research, the Valuing your Talent partners have developed a framework to help businesses measure and report on human capital, and to help make good people management practices more visible. It reflects the collective views of leaders from the HR, finance and management communities, as well as experts from the major accountancy firms, consultancies and researchers in this space.

This research represents the first step in enabling businesses to move towards a more consistent, analytical approach to their people data which, in turn, will drive productivity and sustainable growth. It’s a starting point from which to shape the debate.

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