Hiring Leadership Strategies
Several research studies have looked at how diversity, equity and inclusion (DEI) strategies that prioritize fairness and equal opportunity, and promote a workplace culture that values diversity, empowers individuals, and fosters a sense of belonging, are impacting today’s workplace. A 2023 study by Pew Research Center found a majority of employed U.S. adults (56 percent)…
After the past few difficult years it seemed the tough times might be coming to an end, yet I believe too many are beginning 2023 with more trepidation than hope. They have fears of a recession and see headlines filled with news of various organizations laying people off. While there are businesses that are struggling…
The COVID-19 pandemic fundamentally changed the expectations of frontline retail workers, and they’re more willing than ever to leave companies that are still clinging to outdated corporate cultures. Consulting firm Korn Ferry recently surveyed more than 100 major retailers in the U.S. and found that turnover in the industry, long notoriously high, was up significantly…
Since the onset of the pandemic, the future of the retail industry has been marked with uncertainty. Currently, retailers are trying to prepare for a looming threat of recession and inevitable changes to consumer spending in the face of continued high inflation. With so much unpredictability ahead, labor planning can be a particularly daunting task.…
This summer Walmart is piloting a new College2Career program, which will give young professionals the chance to fast-track their careers by helping to run a multi-million-dollar business: one of its Walmart stores. According to a blog post on Walmart.com, the program is for recent college graduates and current college students within 12 months of graduating,…
Amazon.com will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously, as part of an overall increase in total compensation intended to help recruit top talent and retain existing employees. The move promises to bring Amazon’s base pay more in line with other big tech companies, including Google, Facebook,…
What goes up must come down, including seasonal employment fluctuations. Despite this reality, many businesses forget to address the scaling-down process. That’s a serious misstep that can tarnish brand reputations and leave former employees with bad feelings. What contributes to those errors? For one, some companies aren’t transparent about possible end dates with their temporary workers.…
In this episode of Retail Right Now, Total Retail's Kristina Stidham and Marie Albiges discuss an article recently published by Total Retail titled, “Pay Isn’t the Only Reason Employees Quit. Start Offering Them What They Really Value,” authored by Sanish Mondkar, CEO of Legion. This article digs into the opportunities retailers have to drive employee…
Senior-level women in retail discuss the leadership strategies and hiring best practices they’re using to lead their team to success.
Walmart has increased the number of women and people of color in its officer roles in an effort to better reflect the country’s diversity among its top leadership. According to the retailer's annual diversity and inclusion report, which was published on Monday, Walmart’s representation of women and of people of color at the officer level…