This research uses comprehensive, unbiased feedback gathered from over 1,000 respondents across nearly 700 retailers and seeks to understand: • How has the current macroeconomic environment influenced retention trends for the retail workforce? • Which factors are becoming more important to employee retention and loyalty? • How are the reasons for leaving a job changing over time? • How do factors. [...] • Company Reputation • Sustainability Practices • Commute Time & Ease • Job Stability • Diversity of the Workforce Company • Advancement Opportunities • Autonomy • Fair Promotion Practices Career tives Indu Leadership & c s Culture • Quality of Management • Training & Development Opportunities e • Co-worker Relationships • Resume Builder • Culture Retail • Inclusion / Sense of Belonging EVP ® • Sc. [...] • The top factors that drive stay and quit decisions differ across the three rounds of research conducted over the last two years as labor and market conditions have changed. [...] • Job Stability, Company Reputation, Health Benefits, and Health & Safety feeling valued have lower importance to the 18-24 age cohort Age • Advancement Opportunities and Education Benefits have lower importance to the 65+ age cohort • Black or African American retail associates give higher priority to Childcare Arrangements, Education Benefits, Sustainability Practices, and Diversity of the Workf. [...] ABOUT US Lotis Blue Consulting drives growth and transformation through a The National Retail Federation, the world’s largest retail trade unique blend of services that improve the performance of people, association, passionately advocates for the people, brands, teams and organizations.
- Pages
- 9
- Published in
- United States of America
