Workforce Investment Disclosure Act of 2021

The Workforce Investment Disclosure Act of 2021 would require publicly traded companies to provide annual reports to the Securities and Exchange Commission (SEC) regarding their workforce management and investment. These disclosures would include specific data on employee demographics, turnover rates, compensation and benefits, and workplace safety, as well as information on the use of temporary or contract workers.

For everyday citizens and investors, this bill aims to provide greater transparency into how companies treat and value their employees, treating human capital as a material factor in a company’s long-term financial health. By making this information public, the bill would allow job seekers and shareholders to better compare companies based on their labor practices, diversity, and commitment to worker well-being.