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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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Work Environment Matters

Let's Grow Leaders

As a Retail Store Director, I was out on “store visits” with one of our top executives. Related Stories How To Fire Someone… With Compassion May 2013 Leadership Development Carnival How to Break the 80 20 Rule. It was a ridiculously hot July day. Execution Performance Productivity'

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How Do I Gain Respect When My Team Doesn’t Like Me?

Let's Grow Leaders

In our leadership development programs , we often encourage managers to complete a Do It Yourself 360 (Listening Tour), to gather this feedback. I had been promoted to lead a 2200 person retail sales team at Verizon. And, fourteen out of fourteen had been in retail sales for their entire careers.

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My Team Doesn’t Like Me, What Should I Do? (With Video)

Let's Grow Leaders

In our leadership development programs , we often encourage managers to complete a Do It Yourself 360 (Listening Tour), to gather this feedback. I had been promoted to lead a 2200 person retail sales team at Verizon. And, fourteen out of fourteen had been in retail sales for their entire careers.

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Preventing Workplace Violence and Complying with New York’s Retail Worker Safety Act

Speaker: Speakers:

On September 4, 2024, Governor Kathy Hochul signed the Retail Worker Safety Act (S. 8947C) into law, requiring retail employers in New York to adopt workplace violence prevention policies and implement training programs by March 2025.

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Rewriting the rules in retail banking

McKinsey

Four important trends are changing the terms of success in retail banking. Banks need to act now to develop new skills.

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Developer Velocity at work: Key lessons from industry digital leaders

McKinsey

The experiences of several high-performing software development organizations in banking and retail offer a road map to excellence.