Report: Hidden figures: the missing data from corporate reports
Key findings
- Workforce reporting in FTSE 100 organisations’ annual reports increased by nine per cent between 2015 and 2017.
- The most commonly reported workforce issues were talent management, succession planning and employee turnover.
- Only 12 per cent of FTSE 100 firms reported their perspectives on skills shortages and only 21 per cent reported on skills gaps, despite many expressing concern about access to skills after the UK leaves the European Union.
- Going up… Apprenticeships (64 per cent more reporting), employee wellbeing (+76 per cent), entrepreneurship (+28 per cent) and talent management (+26 per cent) all saw increased levels of reporting between 2015 and 2017.
- Going Down… Internships (32 per cent less reporting), commitment (-31 per cent), flexibility (-30 per cent) and employee engagement (-21 per cent) all saw decreased levels of reporting between 2015 and 2017.
This report from the Chartered Institute of Personnel and Development suggests that there are several things employers can do to improve workforce reporting. It proposes that HR work more closely with those compiling reports to ensure that people risks are clearly articulated. HR should also look to improve reporting on key areas of employee voice to help internal stakeholders to understand the importance of effective engagement with employees. People risks, such as wellbeing and diversity and inclusion, should also be highlighted to the board.