Remove Manufacturing Remove Retail Remove Salary
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From blueprint to breakthrough: How AI and automation can transform the consumer enterprise

McKensey

Let’s say a retail merchandiser starts the process of analyzing scores of sales data and making recommendations for stock adjustments. In fact, consumer-packaged-goods (CPG) and retail companies that lead in digital and AI are already showing three times greater total shareholder returns compared with their peers in the sector.

Retail 72
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Flexible working and its benefits are enjoyed most by highest paid workers

Workplace Insight

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Non-frontline roles are often office-based.

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Many people would take a pay cut for more flexible working and shorter hours

Workplace Insight

Given the average salary for UK workers is £33,000, that means the average worker is willing to take a pay cut of £3,036 per annum for a better job. The mean pay cut workers surveyed are willing to take is 9.2 Indeed says this points to the need for firms to consider when their employees work as much as where.

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Oh, Mexico: A Burned-Out CEO Turns a Ranch into a Retreat

Success

Burned out from a career in retail, Lisa Harper sought refuge in sleepy coastal towns on the Baja California peninsula in Mexico. fit model and later worked for the denim designer and manufacturer by flying around the world to source products. That was in the mid-1990s. Before that, she was a Levi Strauss & Co.

Retail 98
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Digital tools help companies retain hourly workers, WorkJam CEO says

Work Life

It provides clients such as Target, Ulta Beauty, and Hilton with digital tools their non-salaried employees can use to swap shifts, complete trainings, and get early access to wages. But certainly in retail, manufacturing, distribution, we are seeing a pullback. It’s not so difficult to hire hourly workers anymore.

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People are worried about the impact of new tech, but many feel confident it will benefit them

Workplace Insight

Half of respondents aged under 50 do not know what job they will be doing in 20 years based on how quickly their industry is changing, rising to two-thirds (66 percent) for deskless retail workers and almost two-thirds (63 percent) for transport/storage workers.

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How to Break Up with Your Business Partner

Success

He insisted he didn’t want to change anything, although he did agree that, moving forward, I would draw a higher salary for my administrative duties and we wouldn’t share the management of our clients as we had in the past; any new clients would be solely under my management. I suggested a buyout plan that would be completed by then.