You’ve heard your CEO say, “Our employees are our greatest asset.”
But if you’ve reviewed company financial statements recently, employees are not technically classified as assets — or valued that way either. In official accounting terms, people are regarded as expenses (i.e. salaries) on the income statement and appear as liabilities (i.e. pensions) on the balance sheet.
Read more here in the latest GreenBiz Talent Show post.
Starting in 2010, Ellen Weinreb created a column on GreenBiz called “Talent Show.” The goal of this column is to share industry trends and best practices in the collaboration between sustainability and HR. This article was originally posted on GreenBiz Talent Show.