The four key ways to invest in ergonomics to improve human capital management and corporate financial performance include:
- The more employee training that is provided, the better the financial performance.
- Provide a framework or management system to track and identify risks.
- Senior management must oversee the process and play an active role.
- Track and publish lost-time injuries.
In addition: In 2017, The Human Capital Management Coalition, a group of institutional investors that hold more than $2.8 trillion in assets, filed a petition with the US Securities and Exchange Commission requesting listed companies to disclose this and other information related to human capital management policies, practices, and performance.
References: Bernstein, A and Beeferman, L. (2015). The Materiality of Human Capital to Corporate Financial Performance. Pension and Capital Stewardship Project. Labor and Worklife Program. Harvard Law School.
Bernstein, A and Beeferman, L. (2017). Corporate Disclosure of Human Capital Metrics. Human Capital Project. Labor and Worklife Program. Harvard Law School.