Total Rewards and the Dawn of the CHFO: How to Use Hard Data to Harness the ROI of Workplace Equity
Date & Time
Monday, June 12, 2023, 3:15 PM - 4:15 PM
Strategic Total Rewards
Session Format
Featured Session

CHROs must evolve into “CHFOs” (Chief Human Financial Officers) and Total Rewards can help them get there. The transparency era fundamentally altered the workplace. In its wake, a great convergence is occurring between investors, legislators, and shareholders around the key metrics companies must report on and the dangers of non-disclosure. This convergence comes as employers are grappling with how to prove they value their people. Together, they will redefine Total Rewards and the role of the CHRO, creating a need for the rigorous finance metrics typically associated with the CFO and their team. This panel will open the hood on the expectations around specific measures from the unadjusted median pay gap to your EEO-1 reports and how Total Rewards can harness those metrics to help their CHRO sway shareholders and build trust with their people. We’ll discuss the strategies for reporting, and the challenges facing modern Total Rewards programs as they grapple with the largest line item on any company’s P&L sheet. Total Rewards must help transform their CHROs into a CHFO to drive better business outcomes, improve performance on scorecards and ESG reports, and win the transparency era.