The SEC has a possibility to develop transparency, effectivity, and fairness within the U.S. labor market.
October 01, 2024
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As labor rights continue to erode within the U.S., with union membership declining and wealth inequality rising, a skill resolution lies within the SEC’s upcoming human capital management disclosures. Whereas these rules are designed to enhance transparency for investors, they’ll moreover provide staff with precious insights into working prerequisites, equivalent to turnover charges and advantages purposes. By making this data accessible, comprehensible, and real, the SEC would per chance well moreover abet personnel make more told choices about their careers, in a roundabout device strengthening labor market transparency and fairness.
In the United States, labor rights hold slowly eroded. As union membership has declined and wealth inequality has risen, activists hold talked about a unfold of mechanisms to abet personnel enhance their careers. One underexplored avenue is that of accounting regulations.
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Lisa LaViers is an assistant professor of accounting at Tulane University’s A.B. Freeman Faculty of Alternate.
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Original!
HBR Discovering out
Finance Essentials Course
Urge your occupation with Harvard ManageMentor®. HBR Discovering out’s on-line management coaching helps you hone your abilities with programs cherish Finance Essentials. Like badges to portion on LinkedIn and your resume. Access better than 40 programs trusted by Fortune 500 firms.
Red meat up your fluency in monetary statements.
