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Adapting Recruitment and Retention Strategies for the Modern Retail Space

Slayton Search Partners

The retail industry has become predictably unpredictable. From the retail sales plunge in early 2020 to the chronic supply chain disruptions of the following two years, retailers have faced significant market volatility since the start of the COVID-19 pandemic. The importance of staying agile must be reiterated.

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10 Ways to Improve Retention at Your Retail Store

Homebase

Holding onto great employees is challenging in the retail industry. But even those who want careers in retail can lose interest after years of low pay, repetitive work, and intense fluctuations in workload. No wonder the retail industry experiences 60% turnover annually.[ This makes them more likely to quit than other staff.

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The Top-Rated Workplaces for Compensation and Benefits

Indeed

And in today’s world, compensation is so much more than just a number — it also includes the added benefits offered to you by your company, such as health insurance, wellness, time off, bonuses and more. In short, investing in competitive compensation is an investment in your firm. Here’s what we found.

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Candidate Satisfaction is a Powerful Recruiting KPI

Survale

But you can be fast AND reckless so, like many KPIs, you need other data to provide context for time-to-fill, like offer acceptance rate, quality of hire, year one retention, etc. Fortunately it was easy to click into the data and discover that the drop in cNPS at that stage was due to dissatisfaction with compensation.

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5 tips to boost your 2022 seasonal hiring

CareerArc

For example, holiday hiring in the retail industry dropped 7% this last year due to difficulties in finding retail staff. For example, many retail and warehouse workers are concerned about safety— especially now. Improving safety, therefore, can help you attract those candidates, as well as reduce costly compensation claims.

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7 Ways to Create an Effective Seasonal Hiring Strategy for Your Small Business

Homebase

For retail stores, restaurants, or delivery services, seasonal hiring is essential to manage increased workloads, ensure customer satisfaction, and maintain profitability. This includes businesses like ski resorts operating only part of the year or retailers needing extra help during the holiday shopping season.

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How Top Automotive Dealerships Attract Talent

Hireology

Their recipes for success are outlined below so you too can recruit the cream of the crop of the retail automotive industry. . They launched Drive with Pride, a support and advocacy group for LGBTQ+ employees, as well as Women of Walser, a group focused on the recruitment, retention, and ascension of women into leadership roles. .