Cost-of-living Support: Whose Problem Is It Anyway?
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
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.
While the hospitality landscape continues to be fraught with challenges related to inflation and soaring costs, consumer confidence and supply chain disruption, our latest insights uncover that the workforce is showing signs of positive development.
Hospitality Headcount Hits Two Year High – but Leaver Rate Remains Major Cause for Concern
Hospitality Headcount Hits Two Year High – but Leaver Rate Remains Major Cause for Concern
Hospitality staffing numbers are nearing pre-pandemic levels, but a series of factors such as increasing rates of pay, high staff turnover, and the changing make-up of the workforce, are piling pressure on employers.
Hospitality Food Costs Soar Up To 40% As Supply Chain Fragility Hits Hard
Hospitality Food Costs Soar Up To 40% As Supply Chain Fragility Hits Hard
Spiralling costs and major disruption to the supply chain are having a drastic impact on hospitality operators’ food and drinks bills – and profits – according to latest data. A new report from Fourth, the leading global software provider for the hospitality and leisure industries, shines a light on how global events, including the fallout from the pandemic and the war in Ukraine, has created unprecedented supply chain issues.
Spiraling costs and prices are seemingly impacting every market and industry right now; however, the hospitality sector, and its supply chain, seems to be one of the hardest-hit.
99% Of Retail Leaders Say Talent Shortages Are Still A ‘Worry’ For Their Business
99% Of Retail Leaders Say Talent Shortages Are Still A ‘Worry’ For Their Business
Almost all UK retail leaders (99%) are worried about talent shortages in their business, with larger retailers most likely to have concerns, according to market research by the leading global software provider for the retail and hospitality sectors, Fourth.
Cost of Living: Supporting your retail workforce as the crisis deepens
Cost of Living: Supporting your retail workforce as the crisis deepens
The retail industry has experienced a period of instability, navigating talent shortages as a result of Brexit and the pandemic. Now, new challenges have emerged, with the rising cost of living creating challenges for consumers and retailers alike.