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As labor rights proceed to erode in the U.S., with union membership declining and wealth inequality rising, a doubtless answer lies in the SEC’s upcoming human capital management disclosures. Whereas these guidelines are designed to strengthen transparency for merchants, they’ll also also present workers with treasured insights into working conditions, corresponding to turnover rates and advantages applications. By making this data accessible, comprehensible, and honest, the SEC can help workers form more told selections about their careers, in the discontinuance strengthening labor market transparency and fairness.
Within the United States, labor rights like slowly eroded. As union membership has declined and wealth inequality has risen, activists like discussed a vary of mechanisms to help workers strengthen their careers. One underexplored avenue is that of accounting law.