1、5 HR Challenges in the Retail IndustryUnlock the Power of Connection In the retail industry,high turnover and low profit margins create fierce competition and significant challenges.On top of the administrative tasks that keep your business running smoothly behind the scenes,youre competing against
2、a growing number of businesses and the gig economy for workers,not to mention juggling schedules as cash flow fluctuates.Youre striving to build a collaborative culture and develop employees with limited budgets and time constraints.And youre navigating compliance and labor laws oftentimes without t
3、he expertise of career HR folks.There never seems to be enough time in the day to manage it all,especially if the team is using an outdated HR and payroll platform or managing processes manually.Historically,you may have had to adapt to what was available in existing HR and payroll platforms,but wit
4、h todays modern technology,you have far more options.Now,you can find complete solutions that fit you and your teams unique needs and objectives not the other way around.To truly meet and exceed your goals,you need access to the right tools and employee data that bring value now and will continue to
5、 do so well into the future.But you also need to be prepared for the challenges ahead and understand how the right HR and payroll technology and service partner will help you overcome them.Time-Consuming Manual TasksDisconnected Business Systems&Processes Competitive Labor Market High Employee Turno
6、ver Company-Wide Communication 2 |800.520.2687|Copyright 2023 Paylocity.All Rights Reserved.2 |800.520.2687|Copyright 2023 Paylocity.All Rights Reserved.Effortlessly manage payroll,taxes,compliance,and more.Its no secret that the retail business is unpredictable.Trends,seasonality,and even day of th