Years of difficulty and uncertainty in the retail industry have resulted in over half (53%) of retail employees currently feeling overworked and underappreciated, suggests new data from workforce management technology company Fourth.
Fourth has announced that its integrated applications boost staff satisfaction and improve retention by 36%.
New surveys from CGA and Fourth highlight recruitment problems, high churn and rising payrolls ahead of crucial Christmas trading
More staff are leaving jobs in hospitality now than at any time since the start of the pandemic. The latest data from Fourth, the industry’s leading provider of inventory and workforce management solutions, shows that 8.3% of the workforce left the sector between August and September.
63% of retail leaders expect to hire more staff in the remainder of 2022 with the Christmas trading period fast approaching. This is according to market research conducted by the leading retail and hospitality technology company Fourth.
A third (33%) of retail employees expect to see fewer customers amid consumer confidence dips during the cost of living crisis according to market research by the leading retail and hospitality technology company, Fourth.
A recent Gallup poll found only 22 percent of employees feel engaged in their work, a concerning sign especially within the hospitality and service industries already experiencing high turnover rates.
Survey from CGA and Fourth highlights business leaders’ efforts to cut carbon footprints as well as costs in the supply chain
Hospitality staffing numbers are nearing pre-pandemic levels, but a series of factors such as increasing rates of pay, high staff turnover, and the changing make-up of the workforce, are piling pressure on employers.
Spiralling costs and major disruption to the supply chain are having a drastic impact on hospitality operators’ food and drinks bills – and profits – according to latest data. A new report from Fourth, the leading global software provider for the hospitality and leisure industries, shines a light on how global events, including the fallout from the pandemic and the war in Ukraine, has created unprecedented supply chain issues.
Almost all UK retail leaders (99%) are worried about talent shortages in their business, with larger retailers most likely to have concerns, according to market research by the leading global software provider for the retail and hospitality sectors, Fourth.
Peabody Hotels & Resorts, a full-service hospitality company that directs the operations of high-quality hotels through elevated standards of operations and service delivery, today announced it has partnered with Fourth, a leading provider of workforce and inventory for the hospitality, restaurant and retail industries, to supply critical support to its signature Memphis location, The Peabody Memphis.
Save time, reduce costs, and increase profitability with Fourth’s intelligent solutions.
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