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The WSIB believes that an investment in its employees is critical to the service they provide in the community, and therefore, to organizational success.
Knowing through experience that mental health is one of the top three drivers of both short- and long-term disability claims, WSIB initiated a new mental health strategy for its employees.
With human and social capital accounting rarely applied or measured, WSIB's finance team—using the A4S Essential Guide to Social and Human Capital Accounting—took on the task of developing a unique approach to define, implement and measure the success of their strategy.
WSIB is sharing their social and human capital valuation journey for the benefit of organizations interested in implementing a similar strategy. Learn more about their approach, experiences and learnings, and find practical insights and best practices in this worked example.