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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?
GDP Directly tied to employee disengagement Comparative Industry Analysis: Engagement Levels by Sector as per ADP Research Technology: 29% engagement rate Healthcare: 34% engagement rate Retail: 20% engagement rate Manufacturing: 14% engagement rate Mitigation Strategies One Can Look at!
” (Source: G2 ) Notable Clients Spotify Trivago Monday.com Unity HelloFresh Pricing Price on Request Culture Amp Visit Website Read more + Why Culture Amp? Culture Amp is an employee feedback and analytics platform designed to help organizations understand, improve, and optimize their employee experience and companyculture.
” (Source: G2 ) Notable Clients Spotify Trivago Monday.com Unity HelloFresh Pricing Price on Request Culture Amp Visit Website Read more + Why Culture Amp? Culture Amp is an employee feedback and analytics platform designed to help organizations understand, improve, and optimize their employee experience and companyculture.
New hires may struggle to integrate into the companyculture or understand their roles without proper guidance and support, hindering productivity and long-term commitment. It can make employees feel more connected to their peers and the company as a whole. It is also a great way to boost employee loyalty.
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