DISCUSSION QUESTIONS: Has it become significantly more important for retailers to retain their senior staff? What job aspects that don’t involve a paycheck are particularly beneficial in improving retention?
Interactive Edge’s CEO, Zel Bianco comments, featured on RetailWire’s Braintrust :
That is why huge layoffs or re-orgs such as the one at Walgreens makes it very difficult to have things run smoothly. Whether it be team leaders or those managers who run departments from headquarters, short term steps to please investors do not always translate into a sustainable plan, especially among those employees who remain. Pay is important but a sense of belonging and knowing your employer cares is a very important part of retaining good people and morale among the worker bees.
Read the entire article from RetailWire: