The Government's equal pay champion Denise Kingsmill has called for HR indicators to be included in company's annual reports to help reduce the 18 per cent pay gap and improve corporate responsibility.
Kingsmill called for HR measures, including retention, turnover, and diversity data, to be made public last week, and questioned the benefit of financial reporting in the wake of the Enron and WorldCom scandals.
"Human capital management must be moved up the agenda," said Kingsmill at the seminar.
"It can now be argued that financial reporting is not a good way to indicate performance. HR measures could be better indicators of long-term growth."
Kingsmill, speaking at a seminar organised by Gissing, also questioned the UK's work culture of presenteeism, claiming the gender pay gap would be significantly reduced if employers embraced more flexible ways of working.
Last year, Kingsmill produced a report for the Government recommending equal pay questionnaires and audits.