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Annual Workforce Redundancy Rate Disclosure
Does the company report the proportion of its workforce that is made redundant annually?
23449162
World Benchmarking Alliance
Researched
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  • Details
  • Companies 200
  • Sources 1
  • Datasets 0
  • Calculations 0

About the data

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The WBA Digital Inclusion Benchmark measures and ranks the world's most influential companies on their efforts to advance digital inclusion, tracking how companies are expanding access to digital technologies, improving digital skills and literacy, and ensuring safe and inclusive digital environments for all. The 2026 edition assessed 200 companies across key sectors of the digital economy including telecommunications, software, hardware, and digital platforms. The benchmark is developed in close collaboration with an Expert Review Committee and partners including GRI, ITU, and the Alliance for Affordable Internet, with a methodology designed to incentivise companies to understand where digital exclusion risks are highest and act to bridge the digital divide, while keeping human rights and social impacts at its core.

More information can be found here.

Methodology

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The digital skills gap among workers is a growing concern. Technological change, digitalisation and automation are creating changes in jobs, requiring workers to adapt continuously to use evolving digital tools. Digital literacy and upskilling are critical, as articulated in global frameworks like the Global Digital Compactxvii and UN definition of digital inclusionxviii, to ensure workers can effectively adapt to and benefit from digital advancements. The World Economic Forum and McKinsey highlight the transformative impact of technological disruption on jobs, stressing the urgency for corporate-driven upskilling and reskilling initiatives. By integrating workforce development into their strategies, digital technology companies address economic disparity, safeguard employee futures, and align workforce capabilities with evolving business needs. This approach is also an opportunity for inclusive growth and innovation.


Research Guidance:

The company reports the number or share of employees that have been laid off during the reporting year.
The company can either report the rate of redundancy, the involuntary turnover rate, the number of severance packages, or other similar metrics.
The voluntary turnover rate alone is not accepted, as it captures resignations and retirements rather than job losses due to transitions. However, if the company reports both the total turnover rate and the voluntary turnover rate, this is sufficient as the involuntary turnover rate is implied.
It is not necessary to cite the reason for dismissal (e.g. automation, plant closure), though this is noted as best practice.
License
CC BY 4.0 attribution
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Category
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Options
Yes
No
Not Applicable
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Assessment
Steward Assessed
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Report Type
Aggregate Data Report
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