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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?
Let’s take the example of the World’s leading online retailer, Amazon. Career development is one of the most crucial factors for employees when they consider a job. In fact, according to a 2018 survey, 75% of employees are looking for opportunities for skilldevelopment. And hence more efficient at the job.
Employee experience platform, or EX platform, refers to a category of technology solutions designed to improve the overall experience and satisfaction of employees within an organization. List of Top 15 Employee Experience Software in 2024 Vantage Circle : Best for offering employee benefits, rewards, and engagement solutions.
Employee Experience Platform, or EX Platform, refers to a category of technology solutions designed to improve the overall experience and satisfaction of employees within an organization. List of Top 15 Employee Experience Software in 2024 Vantage Circle : Best for offering employee benefits, rewards, and engagement solutions.
Solution: To overcome this, leaders must actively foster an inclusive culture by promoting diversity, equity, and inclusion initiatives. Solution: To overcome this challenge, leaders must set clear goals and articulate a compelling vision that resonates with employees at all levels. You're not alone.
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