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People Are Our Strength

A. Coskun Samli

Chapter 10 in Coping with Retail Giants, 2015, pp 135-147 from Palgrave Macmillan

Abstract: Abstract Retailing is people business as such; it cannot be managed by clichés and dogmas. All that is being said is “people are the key cost in your business, keep that cost low.” Would paying low salaries and replacing the employees with cheaper labor be really profitable? Discounting giants may think so or they simply don’t care. Small independent retailers must consider their people a major asset rather than a key liability.

Keywords: Human Resource Management; Reward System; Employee Relation; Retailing Sector; Retail Establishment (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47634-0_11

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DOI: 10.1057/9781137476340_11

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