Report: Hidden Talent – What do companies’ annual reports tell us about their workers?

The Pensions and Lifetime Savings Association’s analysis of the annual reports of FTSE 100 companies comes to a damning conclusion: that too many people are stuck in precarious, low-paid positions that ‘diminish their individual dignity’ and that much better disclosure is needed.

Its analysis finds only 21% of company reports say anything about investment in training and development, while only 9% report internal hire rates and just 18% report staff turnover figures.

It also looked at whether workforce-related disclosures in annual reports were coherent with good reporting practices, and found only 14% provided data on workforce related issues at a disaggregated level.

It concluded:

• Companies need to provide better information, and that investors should be asking for it
• By working together, stakeholders can achieve better outcomes for companies, investors and workers alike