UNIT - RETAILING

LESSON - HRM and Store Management

In order to attract the best possible talent, companies should develop programs to attract, develop, motivate, and keep talent.

Many companies list a variety of rewards and benefits to generate interest and excitement among those looking for work, encouraging them to apply for a role with their company. For example, Coles Group lists paid parental leave, staff discounts, flexibility and training and development as a way to "show team members how much they are valued and appreciated every day".

Moreover, Netflix, who uses democratic leadership, has attracted people to apply to work there. It is discovered that employees are more motivated and desired to work under the soft management approach due to freedom and the trust between the company and employees.

More information on Coles and Netflix can be found here:

https://careers.colesgroup.com.au/content/Rewards-and-benefits/?locale=en_GB

https://www.hrmonline.com.au/section/featured/netflix-trust-number-one-hiring-trend/

Choose a retailing company and list their strategies to attract and retain employees. What are the advantages of these strategies? Could they make any improvements?