Unum news and archive

Women in retail feel 'let down' with workplace well being

Women who work in a retail environment appear to be much more dissatisfied and unhappy with the current state of workplace wellbeing in comparison to their male counterparts, according to a recent research from ICM. Considering that 60 percent of the UK retail workforce consists of women, this state of unhappiness is critical for retailers. The...

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Retail sector loses 673 million pounds replacing staff

Labour turnover cost retailers 673 million pounds in 2013, according to a new report from Oxford Economics commissioned by income protection company Unum. The report ‘The Cost of Brain Drain’ discussing the financial impact of staff turnover, also noted that the loss of an employee earning 25,000 pounds a year or more carries an average...