Fourth finds 87 percent of US retailers name talent shortages as major 2023 challenge
Feb 15, 2023
Fourth finds 87 percent of US retailers name talent shortages as major 2023 challenge
New research from Fourth finds that 87% of retail leaders are worried about talent shortages in 2023 and almost all employees, (94%), are concerned about the consequences of labor shortages.
Fourth celebrates 10th year in a row Payroll Assurance Scheme accreditation
Dec 15, 2022
Fourth celebrates 10th year in a row Payroll Assurance Scheme accreditation
At Fourth, we’re proud to announce the renewal of our Payroll Assurance Scheme accreditation by The Chartered Institute of Payroll Professionals (CIPP) for the tenth year in a row! This brilliant achievement reinforces our dedication to compliance and recognises our robust, reliable processes that ensure best payroll practices across the retail, leisure and hospitality industries.
What does 2023 have in store for the retail industry? Talent shortages, cost of living, and more technology
Dec 5, 2022
What does 2023 have in store for the retail industry? Talent shortages, cost of living, and more technology
Years of difficulty and uncertainty in the retail industry have resulted in over half (53%) of retail employees currently feeling overworked and underappreciated, suggests new data from workforce management technology company Fourth.
The hospitality industry has continued to battle its way through a myriad of issues since we released our last Hospitality Workforce Report in August, with spiralling energy costs, high inflation and market instability heavily impacting trading.
Fast-rising hospitality leaver rate piles pressure on recruitment and retention
Nov 2, 2022
Fast-rising hospitality leaver rate piles pressure on recruitment and retention
More staff are leaving jobs in hospitality now than at any time since the start of the pandemic.
The latest data from Fourth, the industry’s leading provider of inventory and workforce management solutions, shows that 8.3% of the workforce left the sector between August and September.
Overlooking modern HR tech can negatively impact retailers
Oct 26, 2022
Overlooking modern HR tech can negatively impact retailers
As high street footfall continues to drop, retailers are feeling the strain. To address the cost of living and high staff turnover issues, retail leaders can use HR technologies to balance their employee’s engagement, satisfaction, and financial well-being.
63% of retail leaders plan to hire more staff with festive season nearly upon us
Oct 20, 2022
63% of retail leaders plan to hire more staff with festive season nearly upon us
63% of retail leaders expect to hire more staff in the remainder of 2022 with the Christmas trading period fast approaching. This is according to market research conducted by the leading retail and hospitality technology company Fourth.
Cost-of-living Support: Whose Problem Is It Anyway?
Sep 29, 2022
Cost-of-living Support: Whose Problem Is It Anyway?
At a time when financial wellbeing support is needed most, new research by our partner Wagestream has found that employees are struggling to make the connection that their employer is often best placed to support them.
A third of retail employees are concerned about fewer customers as consumer confidence dips
Sep 20, 2022
A third of retail employees are concerned about fewer customers as consumer confidence dips
A third (33%) of retail employees expect to see fewer customers amid consumer confidence dips during the cost of living crisis according to market research by the leading retail and hospitality technology company, Fourth.