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Stick with me here for minute � its not hard math. There are five retail KPI�s worth tracking at the individual Salesperson level: Sales per hour; items per sale; average sale; conversion rate; wage to sales ratio. If you add them all up (individually) and divide by the number of staff you get the �store average� of each KPI. You can now compare each Salesperson�s five KPI�s to the �store average KPI� instantly revealing the MOST deficient statistic or undersupplied ...
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Retail Dashboards are pictures of spreadsheets used by executive managers to visually identify around five key performance indicators. Dashboards have gauges, like the speedometer in a car, and graphs and colour, to draw attention to areas of strong and weak performance of each retail store and the organisation as a whole. They may display: sales per hour, items per sale, average sale, conversion rate, and wage to sales ratio � at the store, regional, and national level. T...
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In today's increasingly competitive hospitality industry, owners and managers are constantly seeking the answer to an important question- How do you recruit, retain, and motivate staff who are responsible for creating a "magical" experience which exceeds your guest's expectations? Some answers may be found by looking to successful companies that are consistently achieving these goals. William Shakespeare wrote, 'All the world's a stage, and all the men and women merely pl...
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The hospitality business is like show business. When you are casting, it is important to place people in suitable roles. The costs involved with hiring an individual should be a strong deterrent to rushing into decisions you may regret in 1 weeks time. Remember, once the casting decision has been made, your entire production's reviews are going to depend on the various people you've chosen for the performance. Don't be fooled by first appearances and beware of being ove...
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This Tip will Help Maintain the Staff Schedule Keeping the Dining Room Service Staff Tight and Content which is Essential for Pleasing Paying Guests. Staff scheduling is closely tied to dining room customer service and crucial for keeping your staff tight, happy and well connected. In every way, a balance must be achieved by matching the dining room service labor needs to forecasted business. There should be a system whereby the staff shift availability days can be co...
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As companies attempt to retrofit floor spaces and walls, carpeting and vinyl tile are often removed or repositioned. These renovations usually end up exposing large areas of adhesives, underlayments, and sprawling holes from anchors, studding, and equipment. Now there is a solution with step by step instructions and help.
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Enterprises today do not manage capital. Capital is placed under administrative functions or responsibility counters. Enterprises can gain by properly managing capital and utilization of capital for benefit.
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To most employers, Workers� Compensation insurance is a necessary evil. Not only a statutory requirement, it ensures that employees injured in the course of their work are taken care of. It can, however, be very costly, particularly for larger companies where the premium is based, in part, on claims experience. Work accidents can never be completely prevented, however, with the implementation of safe work practices and a strong rehabilitation policy, the number of incident...
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Human Resource Management theories focus on methods of recruitment and selection and highlight the advantages of interviews, general assessment and psychometric testing as employee selection processes. The recruitment process could be internal or external or could also be online and involves the stages of recruitment policies, advertising, job description, job application process, interviews, assessment, decision making, legislation selection and training.
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Recruiting software and CRM are the same thing for recruitment firms
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