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Study: How Retailers are Managing the Tug-of-War Between Employee Satisfaction and Profitability

Retail TouchPoints

Take a deeper look at how retailers are doing more with less in their operations in the full benchmark survey , which also dives into how retailers are tackling the ongoing challenge of theft and managing the costs of offering multiple fulfillment options. After all, it takes time, energy and money to train new hires.

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Bealls Deploys Workforce Management Solution Chainwide

Retail TouchPoints

“As a family-owned business, Bealls understands the importance of ensuring employees are fulfilled both at work and in their personal lives,” said Sanish Mondkar, CEO and Founder of Legion Technologies in a statement.

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Leveraging Non-Cash Incentives to Drive Employee Motivation and Productivity in SMBs 

Retail TouchPoints

Tailoring incentives to align with individual interests and career aspirations fosters a sense of purpose, fulfillment and personal growth among employees. A significant 89% of employees report feeling more valued and appreciated by their employers due to non-cash incentives.

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Automation: The Driving Force Behind Warehouse Management Growth

Retail TouchPoints

A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. It all depends on multiple factors like the size of the warehouse, the quantity of inventory and the number of orders fulfilled. Sophisticated Automation.

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The Three N’s of Employee Fulfillment

Hyken

If the employee is interacting with a customer, they want to know they are helping to make a difference. . Noticed: Do you notice the good work your employees are doing? It creates very fulfilling moments when the boss notices employees doing the right thing and tells them. . If so, tell them! He did a great job.

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Efficiency and Engagement: The Great Balancing Act of Workforce Tech

Retail TouchPoints

However, employee shortages are forcing many organizations to prioritize capabilities that support operating efficiency and store performance over employee engagement and loyalty. Many business leaders, and retailers specifically, plan to increase their investment in digital technology for the frontline.

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Personalization that Consumers Expect Post-Pandemic

Retail TouchPoints

According to McKinsey , it yields 20% higher customer-satisfaction rates, boosts sales-conversion rates by 10% to 15%, and enables an increase of 20% to 30% in employee engagement. This can include priority access and previews into new launches or latest arrivals, reward points and faster fulfillment. Advanced customer support.

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