Cindy Axne: “In the last century, businesses have become much less reliant on physical assets and more reliant on their workers. In…”

“In the last century, businesses have become much less reliant on physical assets and more reliant on their workers. In fact, virtually every business that I talk to says that the people are their most important asset. Yet, we have minimal information about the employees and what we are doing to invest in our workers. My amendment would address that by giving us more information from public companies about workforce training, pay, benefits, health and safety, and turnover and promotion rates. By the way, these are sets of data that are already being collected by most public companies. The pandemic, though, has only driven home how important it is for companies to make sure that their workers stay safe and healthy for their company's success. It is obvious that companies with workers who are more engaged and invested will do better, which is why investors want this information. My amendment would encourage better corporate practices by giving investors and the public the information they want about which companies are truly investing in their workers. Madam Speaker, I urge a ``yes'' vote.”