US public companies should give investors more information about how they attract, train, and keep employees, US Securities and Exchange Commission Chairman Jay Clayton said, while stopping short of endorsing a federal disclosure requirement.
“If I’m an investor looking at businesses today, I want to know what you’re doing with your human talent — how you’re growing your human talent, how you’re accessing new talent, how you’re retaining existing talent,” he said at a Washington conference* yesterday. “I’d like to see companies engage with investors around this.”
But Clayton expressed wariness about requiring across-the-board disclosure measures for companies.
SEC's Clayton says companies should tell investors how employees are being managed
3 May 2019 9:58pm