Why Good People Quit Their Retail Company (And What Compels Them To Stay)

Why Good People Quit Their Retail Company (And What Compels Them To Stay) The workplace has all different ways of measuring and assessing “human capital” facts to plan for a variety of expected business changes and to forecast future changes. For example, according to this story from HBR, At Best Buy the value of a 0.1% increase in employee engagement at a particular store is $100,000! Additionally, the article states: Employee attrition can be less of a problem when managers see it coming. Sprint has identified the factors that best foretell which employees will leave after a relatively short time. (Hint: Don’t expect a long tenure from someone who hasn’t signed up for the retirement program.) Interesting, right? I have written several postsRead More

Fostering A Culture of Employee Advocacy

Fostering A Culture Of Employee Advocacy In Retail One white whale of opportunity that I see in much of Retail is to allow employees the freedom (and guidelines) to advocate on a brand’s behalf. I recently read this amazing article by Ben Donkor on LinkHumans – “A Kickstart Guide To Employee Advocacy In Social Media”. This, literally, gives the reader the steps and policies for building a program that manages and supports your team using Social Media to advocate for and help grow your brand and brand loyalty! Employees want to support the growth of the brand but are tentative to share information for a number of reasons: -There is no formal policy around it -They have been told that they aren’t allowedRead More