Everything you need to know about the business rationale for Human Capital Management (HCM) and Diversity, Equity and Inclusion (DEI) reporting will be covered in this timely and comprehensive session. Learn how outside agencies, investor groups and activist investors are evaluating companies based on the quality and equity of HCM and the specific information and metrics related to HCM and DEI that should routinely be shared with management, investors and employees, You’ll explore which analytical methods are best to capture this information effectively and the value of standardized, absolute metrics versus company-specific adaptation.
This session will address how to balance consistency and simplicity with the complexity of reporting HCM and DEI. We will speak to the implications for management, including the efficacy of linking compensation to broader measures of HCM effectiveness and workplace equity.
You’ll learn:
- Respond to the growing pressure and mandates to publicly report on HCM and DEI practices and outcomes.
- Address the challenge of determining the right information and metrics to share.
- Determine the right analytical methods to capture the core HCM and DEI stories and identify pathways to improve outcomes.
- Align DEI with broader talent strategies to ensure business success.
- Secure leader engagement to embrace transparency and act decisively to optimize HCM to close workforce diversity and equity gaps.
- Align human capital metrics with broader dialogues about stakeholder capitalism, purpose, and corporate social responsibility.
Originally recorded on October 29, 2020.
Haig R. Nalbantian is a senior partner and co-leader of Mercer’s Workforce Sciences Institute. A labor/organizational economist and pioneer in the new, interdisciplinary field of workforce sciences, he has been instrumental in developing Mercer’s unique capability to measure the economic impact of human capital management. He was named one of Consulting® magazine’s 2019 Top 25 Consultants for “Excellence in Client Service.”
Nalbantian is widely published in major economic, business and human resources journals. He co-authored the prize-winning book on human capital measurement and management, Play to Your Strengths (McGraw Hill, 2004) and is a frequent speaker before industry groups, professional associations and academic audiences, including multiple presentations at the WorldatWork annual Total Rewards event and exhibition. He has written extensively on the value and challenges around Human Capital Reporting as well as on the use of analytics to inform DEI strategies.
Nalbantian earned his BA at New York University and his graduate degrees in economics from Columbia University. He is a member of the American Economic Association.
Alison Omens is the Managing Director of Programs and Strategic Engagement at JUST Capital. She oversees programs, partnerships, and strategic engagement with companies, investors, foundations, and non-profits. She has orchestrated program collaborations with BlackRock, the Aspen Institute, Harvard Business School, and others. Alison was most recently Advisor for Private Sector Engagement to U.S. Secretary of Labor Tom Perez, where she managed the inclusive capitalism strategy for the Secretary and with the White House. She was also responsible for engagement on the Department’s future-of-work efforts and its ESG investing guidance. Previously, she was Vice President at Outreach Strategies, an environmental strategic communications firm and the Director of Media Outreach for the AFL-CIO.
Alison is on the Board of Directors of JobsFirstNYC, which expands opportunities for out-of-work and out-of-school youth and on the Advisory Councils of NextGen Chamber, a business organization for millennial business owners, and LitWorld, which promotes youth literacy through storytelling. She is also the co-founder of Smash Squad, a network for women focused on doing well by doing good. Alison received her masters of public administration from Harvard Kennedy School and B.A. from Scripps College.
Gregg Passin is a Senior Partner in Mercer’s New York office and serves as the firm’s North American leader for executive rewards. He advises public and private companies on compensation and corporate governance matters related to senior executives, boards of directors, and professional services firm partners.
A faculty member since 2014, Gregg’s expertise spans governance and decision rights for boards and compensation committees, incentive plan design, private equity portfolio company compensation, partnership pay, and compensation strategies for ownership transitions such as IPOs, spin-offs, and mergers.
Prior to joining Mercer, he held leadership roles at Sibson Consulting, where he managed both the New York and London offices, and at Merrill Lynch and Frederic W. Cook & Co. Gregg is a WorldatWork Certified Executive Compensation Professional (CECP®) and holds a BA in History from Yale University and an MBA from the Wharton School at the University of Pennsylvania.
