{"id":354,"date":"2015-09-23T06:30:08","date_gmt":"2015-09-23T11:30:08","guid":{"rendered":"http:\/\/public.servicecheck.net\/blog\/?p=354"},"modified":"2021-10-29T10:03:12","modified_gmt":"2021-10-29T10:03:12","slug":"compelling-roi-for-retail-employee-hotlines","status":"publish","type":"post","link":"https:\/\/dev.servicecheck.net\/compelling-roi-for-retail-employee-hotlines\/","title":{"rendered":"Compelling ROI For Retail Employee Hotlines"},"content":{"rendered":"

\"Retail<\/a>Retailers are often reluctant to establish an anonymous employee hotline. The additional expense of staff, equipment and office space may seem a waste of money and resources. However, an employee hotline can help an organization save money, especially when considered in terms of employee retention. And with the cost effective outsourcing options available, employee hotline ROI can be truly compelling for retailers.<\/p>\n

Cost of Training<\/strong><\/p>\n

The salary of retail employees is less than $50,000 a year. Statistics have shown that for salaried employees earning $50,000 a year or less, it costs 20% of that salary to hire and train a new employee. With an industry turnover rate at 75%, it is extremely important to find ways to retain competent, trained employees, which helps reduce HR costs and results in increased worker efficiency.<\/p>\n

Reasons Why Employees Leave<\/strong><\/p>\n

What are the main reasons retail employees leave? In addition to the seasonal fluctuations in the industry, employees offer five main reasons for leaving a retail position:<\/p>\n