In large Retail and Hospitality organizations today, Human Resources (HR) departments are dealing with high turnover and low retention challenges. These challenges not only drive down productivity and raise labor costs but cause a variety of other problems in the areas of compliance, scheduling, absenteeism, and alignment.
HR.com, in partnership with Ceridian, human capital management technology leader, investigated the obstacles for HR, specifically in Retail and Hospitality. This recently released research report, “Key Workforce Management Issues Affecting the Retail and Hospitality Industries,” summarizes the findings from the industry study. The survey targeted only HR professionals in the retail and hospitality industries who work for organizations with 1,000 or more employees.
The report also provides insights to help HR departments address the importance of technology. Results indicate that Retail and Hospitality organizations with high-performing technology are less likely to have retention problems and compliance issues. They are also more prepared for government audits and legislative changes, compared to lower-performing technology companies.
“Retention is definitely an ongoing challenge for the retail and hospitality businesses. These industries are typically lacking data and tracking, so it’s not surprising that results point to the necessary adoption of high-quality, real-time technologies to cut down on retention problems and to stay compliant,” stated Debbie McGrath, Chief Instigator and CEO of HR.com.
Ceridian creates innovative technology that organizations around the world use to attract, develop, manage and pay their people. Their award-winning Dayforce solution helps customers manage compliance, make better decisions, build great teams and drive engagement with their employees. Ceridian has solutions for organizations of all sizes. Ceridian. Makes Work Life Better(TM). For more information call 1-800-729-7655 or visit www.ceridian.com
HR.com strives to help create inspired workforces by making HR professionals smarter. Over 1.2 million HR professionals turn to HR.com as the trusted resource for education, career development, and compliance: 65+ primary research reports, a legal compliance guidance program, thousands of lessons and tips in the HR Genius on-demand training library, 400+ webcasts yearly, the largest HR certification exam preparation program supporting SHRM and HRCI certification, and 12 monthly themed interactive HR epublications. HR.com offers the best training and networking for HR professionals globally 24/7/365. www.HR.com
For more information, contact:
Chief Instigator and CEO, HR.com