SEC Rules for Workplace Data Would Be Good for Investors

The U.S. has been underinvesting in workers for decades, so it’s good news that the Securities and Exchange Commission is considering new rules requiring companies to disclose diversity, pay levels and staff turnover. Investors are increasingly demanding such information as they take a broader view of what determines corporate success.

That’s an important step toward the accountability we need from executives to ensure workers are included in the pandemic economic recovery. To really understand what companies call their human capital, the SEC and other watchdogs need to ask for a range of details that affect the wellbeing of employees and their productivity, from rewards to training.