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How to Improve Employee Engagement in Retail: Importance, Ideas & Solutions

Vantage Circle

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. This alarming figure raises questions about the working conditions in retail sectors. Are retail employees truly motivated and committed to their workplace? Has this always been the case in the retail industry?

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Is Company Culture Your Competitive Advantage or Hidden Inertia?

BetterUp

Alan Wurtze l, former CEO of Circuit City, described how the electronics retailer long ignored changing consumer preferences and dismissed the rise of its eventual successor, Best Buy, as a flash in the pan. How can organizations develop this capability? These skills can be developed with practice. Original art by Theo Payne.

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10 Effective Company Core Values Examples To Take Inspiration From

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If you’re willing to do that, then you’re well on your way to building a company culture that is in line with the brand you want to build.” 10 company core values examples to take inspiration from Here are 10 examples of core values of companies that are renowned for having a strong company culture - 1.

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The Importance of Employee Recognition: With Statistics and Examples

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It comprises elements such as onboarding processes, training and development opportunities, organizational culture, etc. Example of Organization Boosting Employee Experience with Recognition Organizations that prioritize recognition efforts are better positioned to create a supportive and rewarding workplace culture.

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How to Craft an Effective Employee Value Proposition

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You reward them with compensation, benefits, work-life balance, career development opportunities, and company culture. An attractive employee value proposition sets these rewards, which clearly communicates the experience, benefits, and development people can expect from your company.

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Top 10 New Year Gift Ideas To Show Appreciation To Employees

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You can buy them from a wide variety of retailers, including Amazon and Starbucks. Some companies find it easier to buy virtual gift cards for their employees, especially when dealing with a global or a distributed team. With a wide range of retailers and services to choose from, corporate gifting has never been easier.

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15 Amazing CSR Activities To Boost Employee Engagement

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UNIDO (United Nations Industrial Development Organization) describes Corporate Social Responsibility (CSR) as: "A management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders." Let's look at some definitions of CSR. What Is CSR?

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