TimeForge Labor’s Post

🎉 Thanks TimeForge Labor for the shoutout in your webinar yesterday and for your continued partnership! 💭Lots of helpful insight with National Grocers Association on hiring. 👍 Be sure to follow TimeForge for future educational webinars on workforce management!

An Asda staff #survey has revealed some interesting insights into employee confidence in the supermarket's #strategy. The annual questionnaire, completed by 75,591 workers last month, highlighted that only 47% of respondents expressed confidence in the grocer's long-term plan. Additionally, 48% were unable to identify the benefits of Asda's 'Project Future', described as a significant IT transformation. Notably, just half of the staff expressed confidence in the supermarket's ability to act on survey feedback. #Asda #EmployeeEngagement #SurveyInsights #ITtransformation

How could supermarkets involve workers in creating more meaningful workplaces while increasing customer satisfaction and profit? Like many others, the UK supermarket sector faces a critical challenge in retaining employees. While increasing salaries has been the primary response, this approach might be too simplistic for a complex problem. Here's why: 1. Hygiene vs. Motivator Factors: Based on Herzberg's two-factor theory, salary is considered a hygiene factor. While inadequate pay can cause dissatisfaction, increasing it doesn't necessarily lead to higher motivation. 2. Beyond Financial Incentives: Factors like engaging work, recognition of achievements, and a good work-life balance are considered motivators. These aspects can significantly impact employee satisfaction and loyalty without requiring additional financial investment. #systemsthinking #strategy #business #systemschange https://lnkd.in/eNek_ZJB

Struggling with labor costs in your restaurant? Implement these strategies to enhance profitability without sacrificing service quality. Managing labor costs is crucial in the restaurant industry, especially as they can consume up to 35% of revenue. Challenges like fluctuating demand, high turnover, and strict labor laws compound these costs, impacting profitability. To tackle these challenges effectively, consider these practical strategies: 1️⃣ Data-Driven Scheduling: Use predictive analytics to forecast traffic and align staffing, minimizing idle times and avoiding overstaffing. 2️⃣ Flexible Staffing: Incorporate part-time roles to adjust the workforce based on demand. This flexibility helps reduce overtime costs and prevents layoffs during slower periods. 3️⃣ Cross-Training: Train employees in multiple roles to increase operational flexibility and employee engagement, reducing turnover. 4️⃣ Leverage Technology: Utilize advanced POS systems and workforce management software to make informed, real-time staffing decisions. 5️⃣ Invest in Training: Develop comprehensive training programs that enhance employee efficiency and service quality, which can reduce the need for a larger staff. These strategic adjustments aren't just changes; they're investments in your restaurant's future. Have you implemented any strategies to manage your labor costs? I would love to hear from you! #LaborCosts #RestaurantIndustry #RestaurantConsultant #FinancialManagement #Accounting #AdvisoryServices #HospitalityIndustry

Last month, we hosted a webinar with the National Grocers Association that was *PACKED* with practical advice for managing grocery labor. Some of the top takeaways / things retailers can do to improve retention and reduce their labor spend: - Offer instant wage access to attract and retain hourly workers, as 76% job seekers want this option. - Invest in formal training programs for employees, as 32% of retail workers never receive any formal training. - Improve manager training and support to reduce turnover, as 82% of workers say they'd quit due to a bad manager. - Gather data on why employees leave through exit interviews and surveys to improve retention. - Promote the meaningful and rewarding aspects of grocery work to attract and retain employees. To watch the recording, visit: https://lnkd.in/g7ngYWpp And if you need a streamlined way to offer earned wage access or administer feedback surveys, let us know - we can help! #Grocers #GroceryLeaders #FoodRetailers

A host of retailers have wasted no time cutting jobs as part of various cost-saving measures. If you run or manage a retail business that is struggling, you’re not alone. 2023 was the nation’s worst year for retail store closures since 2008. Making redundancies is never easy, but SWanHR Consultancy Limited are here to lighten the load.   We offer coaching to improve management capability and to ensure HR practices are carried out to the highest standard. For more information, get in touch for a free consultation. 💻 https://lnkd.in/eCQXbYtY #HRCoaching #HRSupport #KentBusiness #KentBusinessSupport

2024 will be a challenging year for a lot of QSRs in California. Love the multithreaded approach here to mitigate El Pollo Loco, Inc. risks in the CA market. One note stood out- "Do we have the right people to help us execute our strategy?"- a great question, and one that requires employee engagement on another level to properly answer. If you have similar challenges, let's talk about solutions!

A host of retailers have wasted no time cutting jobs as part of various cost-saving measures. If you run or manage a retail business that is struggling, you’re not alone. 2023 was the nation’s worst year for retail store closures since 2008. Making redundancies is never easy, but SWanHR Consultancy Limited are here to lighten the load.   We offer coaching to improve management capability and to ensure HR practices are carried out to the highest standard. For more information, get in touch for a free consultation. 💻 https://lnkd.in/ecp4tCHr #HRCoaching #HRSupport #KentBusiness #KentBusinessSupport

The labor market is difficult right now, that's for sure. It's especially true in high-turnover industries like restaurants. To stay competitive in the market, businesses are looking for inexpensive but valuable benefits. According to a September 2023 Hanover research study, 98% of restaurants offering an EWA solution say it has a positive impact on employee retention. McDonald's of Marietta has seen this impact firsthand. #EarnedWageAccess #EmployeeRetention #OnDemandPay #TapcheckAdvantage

Which UK supermarkets pay their staff the most? Would it surprise you to know that it is Aldi and Lidl? Both of the German-owned chains are raising their pay rate to £12.40 per hour (outside London) at the start of next month. This compares to the £12.02 per hour paid by Tesco. All supermarkets pay above the National Living Wage of £11.44 per hour, which jumped by over £1 to this level in April. With the current job vacancy level at 916,000 (still well above pre-covid levels), businesses who want to attract good staff need to be aware of what is on offer elsewhere. But, as ever, money is only one factor in the equation. Core values, flexibility, work environment, culture, growth opportunities and other benefits all have a key role to play. #recruitment #Lidl #Aldi #wages #jobmarket