You can accomplish this by including specific questions in Ninja Gig’s online job applications, which makes it easier to identify good applicants. If your company is looking to reduce cashier turnover, the first step is hiring employees that want to work long-term. If these employers want to decrease their turnover rates without increasing hourly pay, their profitability may lie in predictable scheduling, such as giving cashiers their hours several weeks in advance. Some retailers, such as Target, have made it clear they will not conform to higher wages. “This is not altruistic,” Costco co-founder Jim Sinegal said of his company’s pay practices. The average hourly worker starts at $11.50 per hour and those employees that stay more than five years can easily earn upwards of $21 per hour. While boosting cashier’s wages will not solve the turnover dilemma, it can help reduce the overall costs associated with training and recruiting new employees.Ĭostco implemented a long-term strategy to retain good employees. If you equate this 16-percent number with Walmart’s 500,000 low-wage employees, the total cost is approximately $1 billion. Every time a cashier quits, it costs a company this amount to train a new hire, which adds up – especially for larger retail companies. ![]() The cost of replacing an employee that earns a lower income is approximately 16% of their annual wage according to the Center for American Progress.The average cashier earns a full-time average salary of $23,650 annually.While this has sparked concern among investors, there are reasons why companies are willing to fork out more money for long-term retention in these jobs. Within the last couple of years, companies such as Walmart, TJ Maxx, Marshalls, IKEA, Starbucks and Gap have committed to increasing the wages of low-paid workers. ![]() More reports show that companies are desperate to keep their minimum-wage workers. Because the job description requires good customer service but offers low pay, cashier turnover rates are high. The Bureau of Labor Statistics projects that cashier employment will decline by seven percent between 20, which equates to a decrease of approximately 265,300 jobs. Cashier jobs may be full-time, part-time and seasonal or offer flexible hours. ![]() Due to the volume of cash transactions, applicants may be required to pass drug screens and background checks. The pay for cashiers is low as it is generally minimum wage. This entry-level position does not require any formal education or work experience, and the employer provides most training on the job. In 2014, there were approximately 3.5 million cashiers in the U.S., making this the second-largest occupation behind retail salespeople. Cashiers are responsible for ringing up purchases in convenience stores, grocery stores and other establishments using cash registers and electronic scanners.
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