Responsible Restructuring Toolkit
2024’s economic downturn is causing significant challenges for many businesses. According to ACAS, one in three businesses are planning redundancies in the coming year1. A poorly managed restructure can have long-lasting implications, such as impacting staff morale and employee relations. This toolkit on responsible restructuring supports employers to approach downsizing in an inclusive and empathetic way, minimising the impact on all stakeholders.
Download the toolkit to:
- Understand the benefits of responsible restructuring
- Implement an ‘equality impact lens’ to any new policies or changes
- Develop skills to protect employee morale and aid wellbeing during downsizing
Calls to action
There are nine actions, that we urge responsible businesses to take when considering restructures and redundancies across three categories:
- Protect and support
- Upskill and reskill
- Involve and empower
Read the toolkit for futhers details.
How we can help
Business in the Community (BITC) helps employers to become more responsible and tackle society’s biggest issues. Employment support includes equality and diversity, wellbeing, disadvantaged groups, future skills and a productive workforce. Our Equality Impact Assessment (EIA) advisory product supports businesses facing restructures or redundancies, helping to lessen the impact on disadvantaged groups by guiding them through the EIA process. BITC recommends using EIA across all demographic groups including:
- Race
- Gender
- Age (older and younger workers)
- Disability
- Low-paid staff (earning under the real Living Wage as set by the Living Wage Foundation)
- Carers
INCREASE THE PACE AND SCALE OF YOUR RESPONSIBLE BUSINESS JOURNEY
