Retail Management Training: Online Learning Secrets to Turn Star Employees Into Managers and Reduce Turnover

Turnover in the retail industry is high: nearly 70 percent for part-time retail employees, according to the Hay Group.1 Since it costs over $3,000 to find, hire, and train a replacement for a retail employee earning $10 per hour, retail companies lose big money each year to staff attrition.2

Many retail employees leave their jobs because of poor management. “Employees who rate their supervisor’s performance poorly are four times as likely to be job hunting,” stated TinyPulse.3

Developing effective retail managers with online retail management training could be a key to improve employee retention and reduce turnover costs.

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