OneRange’s Post

Thoughtful article on how employee development can be critical to employers with a large number of frontline workers. These employees are often left behind when L&D investments are made, despite benefiting from the same kind of learning programs traditionally offered to knowledge workers. 📚 Why Big Retailers Are Investing in Employee Education 💻 To tackle high turnover, major retailers like Best Buy and Adidas are investing in employee education. These programs boost retention, motivation, and skill development, making staff more competitive and engaged. Read more: Why Big Retailers Are Paying for Their Employees' Education #Retail #EmployeeEngagement #Upskilling

It’s great to read this article about how retail brands are investing in upskilling their employees! Given retail churn has always been an issue, people development is a valuable pathway to retention. As a #retailtraining specialist, in the early years I would often be surprised when my participants felt so empowered by basic skills. It seems a lot retail employees are thrown into the deep end - they get operational guidance and that’s about it. Constantly pleasing customers is a high pressure job and it’s no surprise many look for better opportunities. Once they learn there is an art to managing customers and having difficult conversations, their job becomes easier. Upskilling in soft skills and tech skills and open a long term career path for retail staff. #retailsellingskills #training

The retail industry is at a turning point in its struggle to retain employees. According to a recent study by McKinsey & Company, almost half of retail frontline workers are considering leaving their jobs in the near future. The implications are significant, given that the industry employs more people than nearly any other. #retailcareers #employeeengagement #highereducation

Investing in employee education is more than just a benefit—it's a strategic advantage. Learn how big retailers are stepping up to support their workforce through educational opportunities, driving loyalty, reducing turnover, and fostering a more skilled and motivated team. By prioritizing education, companies not only enhance their employees' skills but also create a more engaged and future-ready workforce. https://lnkd.in/gm3MnTiP

🌟 The Power of Learning & Development in the Retail Industry 🌟 As the retail industry continues to evolve at a rapid pace, one thing remains constant: the critical role of Learning & Development (L&D) in driving success and staying ahead of the game. 🚀 Here are three key reasons why investing in L&D is more important than ever for retailers: 1.      Empowering Exceptional Customer Experiences: In the retail world, customers are at the heart of everything we do. By prioritizing L&D initiatives, we equip our teams with the skills and knowledge needed to deliver exceptional customer experiences. From honing interpersonal skills to mastering product knowledge and understanding the art of effective communication, L&D ensures that our frontline heroes are equipped to create lasting impressions and build customer loyalty. 💪🛍️ 2.      Nurturing Agile and Adaptable Talent: The retail landscape is constantly evolving, with new technologies, changing consumer behaviors, and emerging trends reshaping the industry. Through robust L&D programs, we empower our workforce to adapt, innovate, and thrive in this dynamic environment. By fostering a culture of continuous learning, we enable our teams to stay ahead of the curve, embrace change, and seize new opportunities. 🌐📚 3.      Fueling Employee Engagement and Retention: Investing in employee development is a powerful retention strategy. When we demonstrate a commitment to our teams' growth and invest in their professional advancement, we foster a sense of loyalty and engagement. L&D opportunities not only enable employees to sharpen their skills and achieve their career goals, but they also communicate that we value their contributions and are invested in their success. This, in turn, leads to higher job satisfaction, reduced turnover, and a stronger, motivated workforce. 🙌💼 In a rapidly changing retail landscape, the importance of Learning & Development cannot be overstated. By prioritizing the growth and development of our teams, we not only equip them with the tools they need to excel but also create a culture of continuous improvement and innovation. Let's embrace the transformative power of L&D and unlock new levels of success together! 💡✨ Share in the comments below: How has Learning & Development made a positive impact on your career? What L&D initiatives have you found most valuable? Let's inspire and learn from each other! 👇🎓🌟 #retailindustry #learninganddevelopment #continuouslearning #retailsuccess #employeeengagement #professionalgrowth

Walmart is making waves in the world of total rewards with its latest announcement. 🙌 By conducting a split of its outstanding shares of common stock at a ratio of 3:1, Walmart is making shares more accessible and affordable for its employees. 💰 This move is part of Walmart’s commitment to ensuring that associates feel empowered to invest in the company they contribute to every day. With more than 400,000 employees participating in Walmart’s Associate Stock Purchase Plan, which offers a 15 per cent company match on the first $1,800 each year, this stock split is set to further bolster Walmart’s total rewards package. 🏆 But Walmart isn’t stopping there! The company is also raising the average salary for store managers by roughly 9.4 per cent and expanding benefits like doula services and mental health support. 🍀🎯 These initiatives underscore Walmart’s dedication to creating a workplace where employees feel valued, supported, and motivated to succeed. 🤝 At CompUp (YC S22), we believe that a robust total rewards strategy is essential for attracting, retaining, and engaging top talent. It's not just about competitive compensation; it's about providing comprehensive benefits, career development opportunities, and a supportive work environment. 🎁 As Walmart continues to lead the way in total rewards innovation, it serves as a reminder of the importance of prioritizing people in our organizations. Let's take inspiration from Walmart’s example and ensure that our total rewards strategies align with our people strategy for success! 🚀 #compup #totalrewards #employeebenefits #employeestockplans

The Journey so FAR……. Normally I am not one for sentiment and nostalgia, but given how fast the last two years have gone I felt it right to reflect. Working in a fast paced retail environment has been a real eye opener, we never stand still, we have a dynamic board and marketing team that constantly keep up with trends to make sure we are hitting volume but more importantly making profit…. How has that affected me and the HR/People Team and what have we achieved in the last two years: ⭐️ A complete rebuild of the HR team apart from one superstar who believed in the journey ⭐️ We also made two additions to support growth and change ⭐️ A complete culture change in the business used HR and a shift to the People function being a crucial part to growth and change ⭐️ Our HR metrics in my second year have been the best the business has seen ⭐️ Employee Engagement and life cycle is now forefront to the future of the business. ⭐️ And on Feb 5th we go live with one of the biggest and most people focused change the business has ever done! Again, it’s hard to put on paper or a post just how far we have come and how exciting the future is for us at The Trade Centre Group! We have an awesome people team… Elle Williams Greg Baylis Peter Holtam Olivia Wilton Kathryn MORGANS Cerys Maund! I can’t wait to share what Feb 5th looks like!! #teamwork #employeeengagement #employeeexperience #talent

📢 Your weekly dose of industry insights is here! Check out this week's #FridayFive: 1. HR Brew covers how Walmart is investing in the future of its workforce by #upskilling 2 million employees. Hear from the retail giant’s Chief Talent Officer: https://lnkd.in/g_4DaMjm 2. Treats, not tricks, are driving sales this #Halloween! Supermarket News shares some stats behind this Halloween’s confectionery boom: https://lnkd.in/gQipwTw6 3. Menopause support is becoming increasingly vital in the workplace. In recognition of #WorldMenopauseDay, HR News reveals that one in five employers foresee a surge in demand for resources and support: https://lnkd.in/gm94gTGW 4. Foot Locker is scaling its community of sneaker enthusiast #influencers with a new creator platform. Retail TouchPoints explores how Foot Locker Storefronts aims to build connections with new and existing sneakerheads across social media: https://lnkd.in/gK5_CqAC 5. Fast Company shares research-backed insights on how personal interests and hobbies can improve employee creativity, focus and overall job satisfaction in the workplace: https://lnkd.in/g7jw-wuu

🛒 Addressing the Training Gap in the Retail Sector: A Call to Action 🛒 Recent discussions have shed light on a pressing issue within the retail industry - the stark lack of ongoing Learning & Development (L&D) for employees. A concerning statistic reveals that nearly 59% of retail workers receive no training whatsoever, highlighting a critical gap that needs immediate attention. Furthermore, 37% of retail employees report receiving training only once a year, indicating that the challenge extends far beyond initial onboarding. This sporadic approach to training fails to equip retail staff with the evolving skills needed to excel in today’s fast-paced market environment. Why Continuous Training Matters: - Employee Engagement: Regular training programs keep employees motivated and engaged, reducing turnover rates. - Customer Satisfaction: Well-trained employees are better equipped to provide exceptional customer service, enhancing the overall shopping experience. - Adaptability: The retail landscape is constantly changing. Continuous L&D ensures employees stay ahead of industry trends and technology advancements. The Path Forward: To thrive in the competitive retail sector, businesses must prioritise and invest in comprehensive training programs. It's not just about onboarding; it’s about fostering an environment of continuous learning and development. Yzerly’s Solution: At Yzerly, we understand the unique challenges faced by the retail industry. Our tailored training solutions are designed to bridge this gap, offering a range of programs that cater to the specific needs of retail employees at every stage of their career. Let’s transform the retail landscape together by elevating the standard of employee training. Invest in your team’s growth with Yzerly and watch your business flourish. 🚀 Ready to make a change? Visit yzerly.com to explore how our innovative training programs can revolutionise your retail business. #retailindustry #employeetraining #learninganddevelopment #Yzerly #retailsuccess

A well established company has positions for all ages. It is a matter of recognizing the talent in different age categories and put them in the right place. Younger talents can help with new tech/business development and ventures, middle aged talents can manage important divisions to make sure it works by itself and work with other. Matured and senior talents can bring experience, credibility, connections and management expertise to the organization. Although there are actually no age limitations for people to do any of the above, a well diversified management team that has all of the above would be well prepared for many types of challenges a company would be facing. The bottom line though, is that HR and management recognize this. #hr #Hongkongbusiness #talentacquisition #experiencedhire #hongkong #agediscrimination #hrbp #hongkong #familyoffice #foahk #investhk