How retailers stay competitive with Workforce Management
How retailers stay competitive with Workforce Management
The retail industry is highly competitive, and retailers need to constantly innovate to stay ahead. Workforce management can be a critical tool for retailers looking to optimize their operations, control labor costs, and improve the customer experience.
Globally, it seems like every headline you read about the hospitality and retail industry is about the worrying labour shortage issue. A great Applicant Tracking System offering a smooth, efficient, and professional experience is essential in the current hiring landscape. Read our guide on how technology can help you find your A-team.
Fourth finds 87 percent of US retailers name talent shortages as major 2023 challenge
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.
Attracting and retaining the right team members in the current labor shortage crisis requires that restaurants compete for talent by putting people first.
Fourth celebrates 10th year in a row Payroll Assurance Scheme accreditation
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
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.
Post-pandemic, many retailers were hopeful for sustained growth and recovery. Instead, they face rising inflation, and a cost-of-living crisis, and have seen the day-to-day cost of running a brick-and-mortar store peak.