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.
Unleashing the Power of Hotel Analytics: From Data to Decisions
Unleashing the Power of Hotel Analytics: From Data to Decisions
Take a deep dive into hotel analytics with Fourth. We take you through the key considerations for a hotel analytics project, the types of metrics each department should be capturing, and the strategies you can employ to smash your targets.
Key changes in holiday pay entitlements, effective from April 2024, aim to simplify how holiday pay is calculated. Learn what the holiday pay reforms are, what businesses should consider when preparing for the reforms and how technology can automate calculations, reduce admin and increase accuracy.
Fourth’s latest workforce update research report shows that UK headcount is down 2.4%, and Deloitte predicts that labour shortages will continue into 2025. Against a backdrop of ongoing uncertainty, a trained and engaged workforce is a high value asset for every operator.
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.
The current economic climate has continued to challenge hospitality operators since we shared our last Hospitality Workforce Report in August, with spiralling energy and food costs, supply chain disruption and labour shortages threatening to impact profits.