Taskforce hands HR opportunity to shine
Annual reports will soon have to include detailed data about HR's efforts to measure people, its policies and link these to the bottom line.
The move, recommended by the DTI-sponsored Accounting for People Taskforce this week, will provide HR with an opportunity to embed itself further into business and create a more strategic niche.
The recommendations look set to take effect within the next two years, with the Company Law Review soon to require boards of larger companies to demonstrate they understand the factors that are material to the company's performance - including people.