Hasbro is piloting worker well-being programs at two global supply chain locations in China and India. The toyco is adopting Gap’s Personal Advancement & Career Enhancement (P.A.C.E.) program and Business for Social Responsibility’s (BSR) HERhealth program to provide education to female factory workers at third-party facilities.
The programs are designed to help female workers—who make up the majority of workers in Hasbro’s supply chain—not only in the workplace but also in their daily lives in an effort to improve productivity, retention and business performance. Workers participating in the P.A.C.E. program at the India location will take courses in effective communication, problem solving, time management and financial literacy. The P.A.C.E. program currently operates in 16 countries, and Hasbro is the first toy company to implement the initiative. Past participants have reported an increase in self-esteem, workplace influence and efficiency.
The HERhealth program from BSR, meanwhile, provides female workers with health information as well as services to prevent and treat diseases. The program raises awareness about topics including nutrition, personal hygiene and maternal care, and currently operates in 14 countries around the world. Hasbro is the first toyco to implement HERhealth at one of its third-party facilities with the program’s launch at a vendor in China.
Earlier this year, Hasbro announced it would make “meaningful organizational changes” that will impact a single-digit percentage of its global workforce. In Q3 2018 the company announced it expects to incur around US$50 million to US$60 million in pre-tax cash restructuring charges related to severance and other employee costs.