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Getting Candidates Job-Ready: Finding the Balance Between Efficiency & Experience

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Finding the Balance Between Efficiency & Experience

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Balance is everything. Striking a wonderful median of quick, efficient processes and delivering a positive experience can be tricky to achieve for any business. 



 

So, how do recruitment and staffing agencies gain a competitive edge while ensuring that candidates receive a great experience? By reducing the operational and administrative workload around screening and onboarding so candidates are job-ready to facilitate placements faster. 

  

The time spent on doing background checks manually, sending multiple emails for licence and ticket verification, or facilitating eLearning with traditional methods may mean drawing out the recruitment process for much longer than necessary and potentially losing out on onboarding candidates within target dates. Manual administration also puts recruiters at risk of double handling data and the errors that go along with it especially when using multiple systems to complete hiring and onboarding processes. 

 

The first step to finding the perfect balance between efficiency and experience is streamlining systems. Using only one system for pre-screening, recruiting, onboarding and automating ongoing compliance tasks a seamless experience, helps you screen and onboard efficiently while still ensuring a painless and positive experience for candidates. 

 

Ensure that you are facilitating talent mobility. This expedites your time-to-hire and minimises, risk, repetition and induction fatigue for your candidate and team – a business essential for fast-moving recruitment requirements. 

  

What WorkPro’s smart HR tech does is automate pre-employment screening, onboarding, and ongoing compliance monitoring, and it does it all in one central dashboard. 


 

 

WorkPro’s smart compliance solutions help to eliminate manual paperwork and alleviate the strain on costs and timeframes when trying to get candidates compliant and job-ready. By streamlining the onboarding processes, recruiters can reduce time to hire so they can focus more time on providing a quick and easy process for their candidates. 






Here are just a few examples of how WorkPro can do the heavy lifting when it comes to the high-volume, manual workload the staffing and recruitment industry faces every day: 



Work Fast with Confidence




WorkPro’s automated background checks, eLearning and compliance monitoring tools are continually optimised by subject matter experts and are updated to sector standards. Allowing staffing and recruitment firms to meet legislative compliance requirements while ensuring candidates are job-ready from day one. 



Be Audit-Ready Always with Smart Insights




WorkPro’s smart tech transparent dashboard with company-wide reporting and smart insights make it easy to constantly be audit-ready. All of WorkPro’s solutions reflect changes and up to date results almost instantaneously, ensuring the information is always up to date. 



Integrated & Supported




It’s so easy to leverage WorkPro’s smart technology effortlessly. The WorkPro platform integrates with the best HR systems seamlessly and securely with a support team ready to customise solutions as they’re needed. 

 

While finding the perfect balance between efficient processes and providing a positive candidate experience might seem like a hard task to achieve. WorkPro’s automated smart HR tech solution allows the staffing and recruitment industry to streamline fundamental onboarding tasks they complete every single day, which in turn makes the onboarding and screening process for the candidate a positive experience. 


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2 construction workers killed at John F. Kennedy International Airport

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2 construction workers killed at John F. Kennedy

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Two workers were killed at John F. Kennedy International Airport Monday in a construction accident, authorities said.

The Port Authority of New York and New Jersey, which operates the airport, said in a statement it received a report of two workers trapped under construction rubble shortly after 11 a.m. 

Emergency services responded to the scene in an attempt to rescue the workers, who were declared dead at the scene, officials said. 

The Port Authority said in an update to USA TODAY the workers were relocating utility lines “in the vicinity of cogeneration plant to support the increased energy needs of the JFK redevelopment project.”



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Mistakes to Avoid When Hiring Roofing Contractors

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When it comes to an area like Houston, Texas that face hurricanes on a regular basis, you’re likely to find a wide selection of roofing contractors- it’s a much needed service. However, with so many companies available, you’re likely to run into one who can’t be trusted. Make sure you avoid these mistakes when hiring roofing contractors.

1. Not reading the contract before you sign it- The purpose of a contract is to ensure that both parties abide by the set rules. The roofer wants to make sure he gets paid when he does the work. Seems fair enough, right? Well, in the roofing business, not all contracts are created equally. While some roofing contractors just want guaranteed payment, those with less integrity may try to really stick it to you with some outrageous things thrown into the contract. With that in mind, read the contract thoroughly before you sign it. And whatever you do, save your copy.

2. Not checking the Better Business Bureau website- When you visit the Better Business Bureau’s website, in large, bold letters you see, “Start with trust.” There’s truth behind the slogan. Before you sign any contracts or give the green light for a group of roofing contractors to begin work, make sure they are a BBB member. If they’re a member, that means they’re governed by a higher authority and they can show proof of customer satisfaction. Read the reviews and see if any customers have filed complaints. If they are free of complaint, you’ve probably found reputable roofing contractors.

3. Not checking references- Even if you’ve checked the BBB site, you still should request a list of references. Since you don’t want to leave any stone unturned when searching for roofing contractors, calling references could turn up a dissatisfied customer who didn’t think to report their qualms on the BBB website. Past customers have experience dealing with the company you’re entertaining and can open your eyes to what they do badly (if anything) and what they do well.

4. Not inquiring about a guarantee- What happens once you have a new roof on your home, but you aren’t happy with the work? Maybe your roof is still sagging, or perhaps the roofing contractors left debris littered about your yard. Hopefully you asked about a guarantee. Trustworthy roofing contractors will guarantee your satisfaction. A quick phone call will result in them returning to your home to fix whatever work doesn’t meet your standards.

5. Not asking about technique- Plainly put, some roofing contractors do the job incorrectly. In order to rush through the job, they might fire up their nail guns and haphazardly race through roof replacement. The problem with this is that nail guns must be carefully set in order to use on roofing shingles. When attaching shingles, it’s important not to hammer the nail in too deeply. Doing so will compromise the effectiveness of the shingle, causing leaks in your roof. Nail guns are so powerful that they often shoot the nail too deeply into the plywood decking. That said, a manual hammer is preferred. So don’t forget to question your roofer’s technique. If you don’t you may find your roof failing inspection.

Asking the right questions and performing a bit of research will help you avoid the above mistakes. And steering clear of these mistakes means finding roofing contractors you can trust for professional roof replacement.

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Source by Nathan Riley

Digital nomads are starting to price out local communities around the world

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Remote working: how a surge in digital nomads is pricing out local communities around the world. For eight years I have studied digital nomadism, the millennial trend for working remotely from anywhere around the world. I am often asked if digital nomads are driving gentrification. Before COVID upended the way we work, I would usually tell journalists that the numbers were too small for a definitive answer. Most digital nomads were travelling and working illegally on tourist visas. It was a niche phenomenon. Three years into the pandemic, however, I am no longer sure.

The most recent estimates put the number of digital nomads from the US alone, at 16.9 million, a staggering increase of 131 percent from the pre-pandemic year of 2019. The same survey also suggests that up to 72 million “armchair nomads”, again, only in the US, are considering becoming nomadic. This COVID-induced rise in remote working is a global phenomenon, which means figures for digital nomads beyond the US may be similarly high.

My research confirms that the cheaper living costs this trend has brought to those able to capitalise on it can come with a downside for others. Through interviews and ethnographic fieldwork, I have found that the rise of professional short-term-let landlords, in particular, is helping to price local people out of their homes.

Before the pandemic, digital nomads were mostly freelancers. My research has identified four further categories: digital nomad business owners; experimental digital nomads; armchair digital nomads; and, the fastest emerging category, salaried digital nomads.

 

The five categories of digital nomad:

A graphic illustration the five categories of digital nomad.

In the US, the number of salaried nomads – full-time employees now working fully remotely – is estimated to have gone from 3.2 million in 2019 to 11.1 million in 2022. This exponential growth has prompted governments to start paying attention. Last September I gave expert testimony to the UK Treasury on what they called “cross-border working”.

The phenomenon is reshaping cities. Chiang Mai in northern Thailand is often dubbed the digital nomad capital of the world. The Nimmanhaemin area, AKA Nimman or sometimes Coffee Street, brims with coffee shops, co-working spaces, Airbnbs and short-term lets affordable to people on western wages but out of reach for many locals.

For local business owners hit by the pandemic, the return of visitors to Chiang Mai is a relief. But as one Thai Airbnb owner told me: There needs to be a balance. We used to live here when Nimman was a quiet neighbourhood.

 

A power imbalance

Lisbon is similarly sought out for the better weather and lower living costs it offers. Buzzwords like the “circular economy” or the “sharing economy” are often used by digital nomads to describe why such locations are so suited to their way of living. They describe new approaches to urban living that emphasise mobility, more flexible approaches to building use and re-use, and innovative business models that encourage collaboration.

But the Portuguese capital, like many other urban centres, is in the grip of a housing crisis. Activists, like Rita Silva, of Portuguese housing-rights organisation Habita!, say this influx is making things worse for local people: “We are a small country and Lisbon is a small city, but the foreign population is growing and is very visible in coffee shops and restaurants.”

To Silva’s mind, what she calls “this bullshit of the circular economy” does not accurately describe what is happening on the ground. In certain parts of the city, she says, you don’t hear Portuguese anymore, you hear English. This is driving up living costs, well beyond the popular tourist hotspots like Barrio Alto and Principe Real.

Co-working spaces and creative hubs are now appearing in previously traditional working-class areas. With the average salary in Portugal under US$20,000 (£16,226), these are clearly are not aimed at local people. A one-bedroom apartment in these digital nomad hotspots accounts on average for at least 63% of a local wage – one of the highest ratios in Europe.

In his 2007 bestseller, The Four-Hour Workweek, author and podcast host Tim Ferris coined the term “geo-arbitrage” to describe the phenomenon of people from higher-income countries – the US, Europe, South Korea – wielding their wages in lower-cost countries.

 

For some nomads, this is an essential life-hack. For others, it represents the polarising reality of globalisation: that the entire world should operate as an open, free market. To many, it is unethical.

Urban sociologist Max Holleran points out the “incredible irony” at play: Some people are actually becoming digital nomads, because of housing prices in their home countries. And then their presence in less wealthy places, is tightening the housing market leading to displacement in places in the global south [developing countries in Asia, Africa, and Latin America].

On a visit to Chiang Mai in 2019, I booked an Airbnb. I expected to be checked in by the owner. Instead, I was met by someone called Sam (not their real name), who didn’t know the name of the person I have been corresponding with.

I vowed that next time I travelled, I would check I was renting from a bona fide private owner

In the building’s lobby, a sign for the attention of travellers, tourists and backpackers clearly stated: “This place is NOT A HOTEL. Day/week rentals are NOT ALLOWED.” Yet, in the reception area, people worked on laptops, amid a constant procession of western visitors entering and leaving, with backpacks and wheely suitcases.

I looked back at my booking and realised that the apartment was hosted by a brand I’ll call Home-tel, which, other visitors confirmed, also hosted 17 other apartments.

A local resident said they were considering selling up, or, failing that, renting to a professional short-term-let host. Living there had become unbearable. I vowed that next time I travelled, I would check I was renting from a bona fide private owner. And I did. Only to find, on arrival, a large sign in the lobby stating, “No short-term lets”. When I confronted the European owner, she said the sign was already there when she purchased the apartment. “What can you do?” she said. “Money talks.”

Holleran explains that the rise in digital nomad numbers is fostering competition between destinations: “If Portugal says, “We’re sick of nomads,” and cracks down on visas, Spain can then say, “Oh, come here.” And that will be even more true in low GDP countries.”

Silva says digital nomads need to be aware of the impact they have. She is also urging the Portuguese government to take meaningful regulatory action: “The majority of the Airbnbs are from companies controlling multiple properties. We want houses to be places where people can live.”The Conversation

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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Pharmaceutical Sales Careers – Dream Job Or Dead End?

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After a decade of riding the ups and downs of pharmaceutical industry, having choosing a sales rep job, recently I came across a very intriguing question: Will a pharmaceutical sales representative be a job to try to get into or will it become extinct? Clearly, this question got mixed up and I will use my own personal experience to explain why.

The Thin Line Between a Career and a Job

Remember the all time favorite quotes, “Give someone a fish and you feed for a day. Teach someone to fish and you feed for a lifetime.” And that exactly separates a career from a job. Right now, I work for a pharmaceutical company promoting their brand of Diagnostics equipment. That is my job. But if I got people working for me selling my brand of equipments – that is a career.

My point here is simply this: A job is a stepping stone to a career. A job prepares you to move ahead to your career; which bring us to the next point.

Is Pharmaceutical Sales Representative a Dream Job?

I got a friend (let us call him Adam for example sake) and he used to work for a Pharmaceutical company selling Orthopedics implant. One day, a mutual friend asked him, “Adam, how long will you work like this, carry that big bag around, and begging for sales?” Even though Adam was making close to USD 30,000.00 in incentive alone at that point of time, he was dumbfounded. He did not seem to have the right answer.

But today, I am happy to report that Adam is the Regional Sales Manager for a local generics company, promoting Antihypertensive product range throughout the country. He got people reporting to him, and his main task is to penetrate, develop and maintain account, especially Government Hospital sectors.

He could not have such a flying color pharmaceutical sales career without the sweat and blood as a sales representative beforehand. He still carry bag but with different content, style and purpose. He got himself a career – for now. Knowing him, I know this is just another job before he moves forward.

So, if I was asked the question whether a pharmaceutical sales representative is a dream job or another dead end job, my answer is simply depending on what you want to make out of it. You can stick in that job; carrying detailing bags and begging for sales all your working life or you can decide to move ahead and make a career out of it. It is totally up to you.

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Source by Nezrul Hisyam Abdul Ghani

Jobs For Felons 2020: 5 Tips to Land a Job As a Felony

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You may find it a tiresome process to look for a job if you have been a convict. Our society doesn’t like to help felons to get back on the right track. Most employers are reluctant to consider people with a criminal record. Given below are a few things you can do if you have a criminal record and want to get hired.

5 tips to land a Job with a Felony

1. Do your Research

Don’t hide anything about your background from your employer during interview. If they do a background check and find you lied, it’s very unlikely that they will hire you. If they ask you something about your background, you should be honest and explain your situation.

2. Stay away from the Non-Starters

Some companies will never hire employees with a felony. Therefore, there is no need to waste your precious time on these employers. In other words, you should apply to those jobs that you think will be suitable for you. This will help you increase the efficiency of your job search.

The government orders some organizations to hire some ex-felons. Therefore, you should look for these organizations. Chance are that they will hire you regardless of your background. In exchange, these organizations get a tax break from the government.

Primarily, this tax break is given during the first 12 months after the release of a convict. Therefore, you shouldn’t waste time and look for these organizations as soon as you are released.

Aside from this, small businesses in your area may welcome ex-felons more than large organizations. Often, large companies have to follow strict procedures and processes when hiring new employees.

3. Get Help

As an ex-felon, you may not want to look for a job alone. It’s better to work with an organization that can provide you with assistance. For instance, you can contact a workforce development center. Aside from this, you can contact the social service centers to find out if they can offer assistance.

4. Start your own Business

If you have business skills, you can start your own business instead of working for someone else. For instance, you can become a consultant or freelancer. There is no one to stop you from kicking off your own small business.

Your background won’t become a hurdle in your way of success. After all, customers won’t buy from you just because you have a felony on your record.

5. Freelance Online

Freelancing online is a great way to make tons of money. Based on your skills, you can do a variety of jobs online. However, you should be aware of scams on the Internet. It’s not a good idea to pay anything upfront for a job.

Ideally, you may want to create awesome profiles on authentic freelancing platforms and bidding sites. These sites don’t require you to say anything about your background. Millions of people offer their skills on these platforms to their international clients.

For instance, if you are a good online marketer, writer, SEO expert or a researcher, freelancing sites can work for you. You can easily hire employees with a felony when you are an expert and know what you want.

So, these are a few tips that can help you land your first job as an ex-felon.

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Source by Dhanusuya K

Cracks show one year after historic Amazon union victory

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Cracks show one year after historic Amazon union victory

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One year after Amazon Labor Union’s historic victory at Staten Island warehouse JFK8, the movement to organize Amazon‘s workers is treading water.

Despite successfully forming a union on April 1 of last year, workers at the Staten Island warehouse are no closer to a contract. The union has called for a $30-an-hour starting wage and 180 hours of paid time off.

Amazon is hostile to ALU and has been reportedly a tough negotiator. However, current and former union members cite internal disagreements over strategy as a big reason workers still have no contract.

Current ALU President Christian Smalls has been accused by union members of ignoring the contract fight in favor of traveling and attempting to start new union drives in other warehouses.

Other organizers say Mr. Smalls is focused more on raising money and creating a permanent press campaign, which they blame for several election losses in neighboring warehouses, including one in Staten Island.

The ALU organized a union election in an Albany warehouse, ALB1, and lost by a roughly 2-to-1 margin. At an ALU board meeting after the election, Albany warehouse organizers told Mr. Smalls that the losses hurt the union’s image.

Heather Goodall, the lead ALU organizer at the Albany warehouse, told the New York Times that her workers received scant support from Mr. Smalls, with infrequent and unpredictable visits.

Mr. Smalls has dismissed criticism from other organizers, painting those who disagree with his strategy as being part of a coup.

He believes that filing for more elections in a shotgun-like strategy can bring more attention to the movement, and waiting for comprehensive support before an election can be tricky due to high turnover rates at warehouses.
A New York Times investigation found turnover for hourly employees at Amazon warehouses is nearly 150% annually.

Other union members think the focus should be on the only ALU union win and shoring up support for a strike to put further pressure on Amazon during contract discussions.

“We’re talking to workers, having one-on-ones, growing our power in the building,” Tristian Martinez, a JFK8 employee told the New York Times. “That’s where it matters. Chris flying all over the world is not going to make us get to a contract any sooner.”

While the prospect of a strike is attractive to organizers, workers may be more inclined to stay on the job in an time of rampant inflation.

Indeed, despite over 70% of U.S. citizens approving of labor unions, membership continues to dwindle.

According to the Bureau of Labor Statistics, just 10.1% of private-sector workers are part of a union in 2022, the lowest amount on record and a dip from 10.3% in 2021.

Soon after ALU won last year’s vote, Amazon filed over two dozen formal objections to the election, which tied up the results in court for months. Despite a federal labor court rejecting Amazon‘s complaints in January, the message was clear: the unionization fight was not over.

Earlier this year, the National Labor Relations Board found that Amazon violated U.S. labor laws in both Staten Island union drives.

According to the agency, Amazon threatened to withhold benefits and raises to pro-union employees and employed its solicitation rules in a discriminatory fashion.



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Pope Francis, 86, is suffering from respiratory infection and will stay in hospital ‘for a few days’, Vatican says

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POPE Francis has a respiratory infection and will need to be kept in hospital for “a few days”, the Vatican said tonight.

The 86-year-old was admitted to hospital in Rome on Wednesday after complaining of breathing difficulties.

Pope Francis being helped to his car on Wednesday morning after his weekly audience

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Pope Francis being helped to his car on Wednesday morning after his weekly audienceCredit: AP
Pope Francis meeting children at the end of his weekly audience at the Vatican

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Pope Francis meeting children at the end of his weekly audience at the VaticanCredit: AP

According to Italian media reports, Francis was rushed to hospital by ambulance after his weekly audience.

A Vatican source said his appointments for Thursday have been cancelled.

Vatican spokesman Matteo Bruni said Francis does not have Covid.

But he said the Pope had been struggling with breathing difficulties in recent days and was taken to the Gemelli hospital for tests.

Pope Francis bids farewell to Pope Emeritus Benedict XVI at funeral
Pope says priests & nuns watch porn — but it 'weakens the heart'

His admission to hospital comes just days before Easter, traditionally one of the busiest times for the Pope.

Francis, who marked 10 years as head of the Catholic Church this month, had earlier appeared in good spirits at his weekly audience at the Vatican, smiling as he greeted crowds from his “popemobile”.

But he was seen grimacing as he was helped getting into the vehicle.

Bruni said Pope Francis is “touched by the many messages received and expresses his gratitude for the closeness and prayer”.

The pontiff suffers from chronic knee pain and relies on a wheelchair.

Earlier this year, Francis bid farewell to his predecessor Pope Emeritus Benedict XVI, who died aged 95.

Francis was seen arriving in a wheelchair and stood using a stick as he paid tribute to the “wisdom, tenderness and devotion that he bestowed upon us over the years”.

The Gemelli is the same hospital where he underwent a major op on his colon in 2021.

He remained in hospital for 10 days.

Pope Francis had to cancel activities several times last year due to the pain his knee and acknowledged that he needed to slow down.

He said he would follow Benedict in stepping down if his health made him unable to do his job.



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Best Career Advice Ever (for my 4th book)

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I’m working on a new project, as you can tell from the title. I want to collect the best career advice ever, from around the world, from different professions and different eras, and compile it into a book.

You can contribute here: Share your best career advice ever

The Best Career Advice Ever book

Why am I putting this book together? Because I feel like a lot is said, especially here and from my colleagues, about current job search advice. That’s great. Also, job search advice changes very fast.

Career advice, though, this is something that should be timeless. Career advice should be something that inspires you as you make big, life-changing decisions. This is way beyond how many pages your resume should be, or what to wear in an interview.

Well, maybe those will come out in the book, who knows.

I want to gather the best career advice ever and I need your help. Please go to the link above (here, so you don’t have to scroll), and fill it out. The more detail the better.

When I’m done I’ll share it on my JibberJobber blog, and on my socials.

But before I can really begin, I need your help. Please share what you’ve heard decades ago, or yesterday, or what you tell others.

What’s the best career advice ever? Share here.

best career advice ever book

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Impact of COVID On Retail Industry Future Strategies & Retail Post COVID-19

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The impact of pandemic COVID-19 has affected all of us globally. It has crashed economic growth. A lot of people have lost their jobs and have suffered physically, emotionally, and financially due to this crisis. In just a few months, this pandemic has changed the whole scenario of how business houses and industries are going to function in the future to come.

Let us today talk specifically about how the retailers in India are facing the heat of the crisis and are coping up to run the business. The impact of COVID-19 on retail is evident, and in addition to this, it has also impacted the health and movement of the people.

COVID-19 Effect on Retailers: Current, Coming, and Future Phase

The situation of the Indian retailers has worsened due to the pandemic. They are facing the challenge of coping with the situation now, next, and beyond. Right now, we are living in the “now” phase that has observed a halt in the business.

Nowadays, essential commodities like groceries, medicines, and other food shops are allowed to operate, but they face many problems. There are various issues the retailers deal with that include managing the customer demand, coping with supply chain problems, following social distancing norms, and maintaining proper hygiene of all the employees.

In this pandemic crisis, the essential commodities are impacted to a lesser extent as compared to the other products available in the market. The customers have lost their faith in the services and have stopped purchasing other things except for the essential goods.

When the industry steps in the “next” phase, they need to make proper strategies to get back in motion. The retail post COVID scenario will put forward a new challenge to adjust according to new business techniques.

The retail industry’s future strategies will provide a roadmap to flourish well in the market. It will provide the shopkeepers with the challenge to prove their mettle and adopt different and effective ways to run their business smoothly.

Issues for retailers in different sectors

1. Employee welfare and management

Right now, the critical issue faced by most of the retailers is managing the expenses of the employees. They have to ensure a proper healthy environment for their frontline personnel.

2. Trade and supply chain

With the fear of lockdown, the demand for essential supplies has been skyrocketed. On the contrary, no one is looking to buy any non-essential items leading to hoarding of these things in stores.

Restriction in transportation has disrupted the supply chain for essential items, which in result has elevated the demand.

3. Brand and clientage protection

Retailers have to face massive crowds due to an increase in panic. They also have to prevent any negative marketing due to nuisance created by some maniacs. Moreover, they need to maintain their image while keeping a check on the hygienic standards.

4. Finance

With less demand for products, retailers need to regulate the flow of income for salaries and other expenses. They are looking for measures to plan in accordance with short term liquidity.

5. Technology and security

With an exponential rise for online services, it is crucial to maintain the online traffic. With this, retailers have to look into cybersecurity issues. Also, they have to incorporate advanced technologies to ensure maximum no-contact dealing with customers.

Change in Consumer Behavior Due to COVID-19

A drastic shift can be observed in consumer behavior due to the pandemic ranging from the “now” phase to the “beyond” phase.

The consumers in the “now” stage are busy piling the stock for the essential commodities for the future so that they don’t feel scarcity later on. All the food and grocery shops cater to the needs of people residing in rural and urban areas.

When the consumers enter the “next” phase, then daily life will start pacing as it was earlier, but the customers will start doubting everything.

Observing today’s situation, we can quickly evaluate that there will be a shift in the consumer buying pattern as they will be more inclined towards purchasing local brands as compared to expensive brands. Businesses need to digitize themselves in every way, making it a secure transaction so customers can have faith.

Top 6 Effective Resilience strategies for Indian retailers

The impact of COVID-19 on the retail market is visible. The retailers need to adopt the new marketing strategies so they are well prepared for the “now”, “next”, and “beyond” phase to cope up with the market needs. The retail industry’s future strategies will decide their new consumers.

Retailers have to invest in areas that have a high conversion rate. They have to keep in mind the needs of the new consumers that are relying on them. They need not only think of the present scenario but have to think about the future and even beyond that when normalcy will eventually prevail.

If retailers adapt speed and agility in current times, they are surely going to reap the fruits in the future to come.

1. Frugal in Managing Finance

Financial management will be a very cumbersome task for people across the nation. Many of us have suffered across the dwindling jobs, salaries, interest payments, and installments all over the world. This situation has forced retailers to optimize the costs to have enough cash flow and margin so that they can survive through this phase.

2. Agile in sustainable thinking

With COVID-19 pandemic came along a lot of uncertainty, and no one was well prepared for it. For the retail industry, they need to be flexible and adapt to new operational models. The product assortment should meet the requirement and that is of utmost importance.

3. Spruced up in supply chain

Retailers have to be very cautious to play a proper role in the supply chain. The demands keep on fluctuating in the supply process, but the retailers have to be vigilant enough to tackle every sort of supply. They have to make a proper plan to deal with all the logistics and inventory so that their business can work in any situation until the whole situation comes under control. If the company adopts digitized ways, then it can help to achieve strides. The business has to adopt delivery-based models so that the customer demands can be fulfilled.

4. Tactful in Talent Management

If you want your business to flourish in the next few years, you should become a good leader. Frequently ask your employees about their well-being so that you build trust in the organization over time. Once everything comes back to normal, they only have to reskill themselves to meet the business’s changing demands.

5. Effective in Client Retention and Management

Retention is going to be the key. Retailers have to ensure not losing their old customers. Regular feedback and quick response to queries will build a level of trust not only in the services but give them a elated shopping experience. They need to reflect that proper hygiene levels are being maintained for everyone’s safety.

6. Responsible in Regulatory and Legal Compliance

There have been various rules and laws passed by the state, central, and local governments to ensure citizens’ safety. To abide by all the rules and safety measures will cost a lot to the retailers. It will also hamper their resources. But they have to cooperate with the government because these steps are only for the betterment of the situation. The lockdown is being lifted in various stages, so it becomes the responsibility of every citizen to support the government.

As the COVID-19 is evolving, no one can predict what is going to happen to the sector due to its effects. This pandemic is an alarming bell for everyone to mend business ways and make the business flexible and agile. If this situation happens in the future, everyone should be prepared enough to handle it. It has forced every industry to focus on the digital means so that they have proper facilities to fight back. This is the time for the retailers to analyze the scenario properly and make ways to stand above all these crises.

Bottom line

The impact of COVID-19 on retailers cannot be estimated yet. We can only hope that it ends soon. A flexible business strategy and well-equipped team with all the resources will definitely stand out and survive the current situation. Digitizations is unquestionably the future we can predict as for now!

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Assessing the Impact of Technology on Social Change Movements: A Non-Profit Perspective
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In the digital age, technology has emerged as a robust catalyst for social change, transforming the landscape in which non-profit organizations operate. The potential...
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