Canadian retail compliance is key for current job market
June 27, 2013
Meeting the requirements of Canadian retail legislation may become more of a priority as the amount of retail jobs in the country is increasing. According to the Montreal Gazette, recent National Household Survey showed that the most popular job in Canada is a retail clerk. That means that quite a few citizens currently hold jobs in the retail realm and are working for companies to sell consumer products or services. This shift in the Canadian job market shows how there now may be less of an emphasis on making products than there is on selling them. In order to adjust to this recent trend, retail companies can employ retail point of sale software to make sure employees and managers are staying on top of their jobs and managing sales effectively.
Retail jobs on the rise
In just 2011 alone, Canada saw a 1.9 million worker increase in retail between 2011 an 2006, which accounted for 11.5 percent of the workforce, according to the study. Approximately 4.7 percent of women and 3.3 percent of men held retail jobs. Other industries with high employment rates were healthcare and social assistance. When the survey was conducted in May 2011, 16.6 million Canadians were employed across all fields, with Alberta and Yukon reporting the highest rates with 69.7 percent and 69 percent respectively.
The survey also revealed that applicants with a university degree were getting jobs over those without. In fact, 81. 6 percent of college graduates had a job compared to 55.8 percent of those without a degree. Education is therefore thought to be a key component in getting hired in the current Canadian economy.
What companies should do
In order to keep the job market and economy improving at a steady rate, companies will need to implement new management solutions and strategies to lead the workforce and increase sales. Improving business processes may mean equipping employees and stores with the proper technology to offer customers high-quality experiences. Credit card processing software will allow shoppers to pay with their credit or debit cards successfully as well as streamline the purchasing process. Significant details like this can help improve consumer sentiment, encourage sales and allow businesses to grow. The success of the retail sector is likely to have a significant impact on how many jobs are available in the coming months, and its may thus play a critical role in stabilizing the economy.
A new approach to retail may be necessary to accommodate the amount of workers in the industry and meet consumer demands. Investing in retail and point of sale technology is one way to meet new expectations and allow a business to become more competitive in its market.