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During a
time when retailers are cutting back on benefits to manage
cost, they may be able to focus on items not related to
salary, such as flexible hours and employee discounts, to
maintain their appeal to employees.
Gloria Park Bartolone, VP, Retail Research Group, Maritz
Research
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38% of retail employees are not satisfied with the
way their organization communicates with them.
35% Are not consistently recognized for their work performance in
ways that are important to them.
32% Do not regularly receive feedback on how their work
contributes to the success of their organization. |
In an industry notorious for
high turnover, retailers are faced with the challenge of hiring
and retaining an effective workforce. A recent
Maritz
Poll found that retail employers can appeal to the unique
desires of retail job seekers and satisfy the needs of current
employees by doing something simple – listening to them.
What Employees Want?
Those seeking employment in retail want a fun job, with
employee discounts and a clearly defined role. According to the
Maritz Poll findings, of those looking for employment in the
retail industry:
- 91 percent want to look forward to coming to work;
- 90 percent want the company to be a fun place to - 89 percent
want the company to offer employee discounts on its
products/services; and
- 88 percent want to know exactly what is expected of them in
their role.
Prospective retail employees are significantly more likely
than those seeking employment in other industries to value the
company’s perks and image.
- 89 percent seeking retail jobs want the company to offer
employee discounts on its products/services compared to 68
percent of those seeking employment in other industries;
- 83 percent seeking retail jobs want flexible work hours;
- 66 percent of prospective
retail employees want to work for a company with a great brand
image in contrast to 53 percent of those seeking employment in
other industries.
“Retailers should attempt to match their employment offerings
with what the retail workforce is looking for,” said Gloria Park
Bartolone, vice president of the Retail Research Group at Maritz
Research. “During a time when retailers are cutting back on
benefits to manage cost, they may be able to focus on items not
related to salary, such as flexible hours and employee
discounts, to maintain their appeal to employees.”
Now you’ve got them, how do you keep them?
Even when a sufficient workforce is in place, retailers need to
continue to meet employees’ expectations to ensure job
satisfaction and improved employee motivation and performance.
Surprisingly, nearly 60 percent (58 percent) of the respondents
who are currently retail employees are completely satisfied with
their job. The findings from this Maritz Poll suggest that job
expectations and clearly defined roles drive job satisfaction.
More than 80 percent of respondents completely agree that they
know exactly what is expected of them in their roles.
However, there is much room for improvement. Approximately
one-third or more of the retail employees surveyed feel that
they:
- Are not satisfied with the way their organization
communicates with them (38 percent);
- Are not consistently recognized for their work performance in
ways that are important to them (35 percent); and
- Do not regularly receive feedback on how their work
contributes to the success of their organization (32 percent).
“Clearly, retail managers can be doing a better job of
communicating with their employees, which, in turn, will
increase job satisfaction and employee retention,” said
Bartolone. “Our research shows that one in three retail
employees (34 percent) feel that their company does not
genuinely listen to and care about its employees. This
perception of retailers does not bode well for the employers as
they enter the busy holiday season.”
And can you keep the thieves out?
Another area where retail employers need help is reducing
theft by both customers and employees:
- Nearly half (48 percent) of retail employees surveyed say
that they have noticed customers stealing from their employer.
- Nearly one in three (29 percent) say they have witnessed other
employees stealing from their employer.
“Retailers need to proactively pursue options to counter this
trend that is costing the industry billions,” said Bartolone.
“Employees who are fully engaged and loyal to their employers
will be less likely to steal and more likely to report theft or
participate in other anti-theft programs.”
The Maritz Poll surveyed 1003 randomly selected adults
throughout the United States (500 currently employed in the
retail industry and 503 currently seeking employment in retail
or any other industry) about various workplace issues and
evaluating employment opportunities.
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