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 is the firm’s North American leader in executive rewards. He counsels public and private companies on global compensation and corporate governance issues relating to senior executives, boards of directors and professional services firm partner and professional populations.
He is an expert on governance and decision rights related to board of director and compensation committee issues, incentive plan design, partnership compensation, private equity portfolio company compensation and ownership transactions (IPOs, spin-offs, M&A).
Prior to Mercer, Passin has worked at Sibson Consulting, Merrill Lynch and Frederic W. Cook & Co. At Sibson Consulting, Passin managed that firm’s New York and London offices.
Passin has a bachelor’s degree in history from Yale University and a master of business administration degree from the Wharton School at the University of Pennsylvania and holds the WorldatWork Certified Executive Compensation Professional (CECP)® designation.
