Price jobs in retail with fresh salary data

The labor market has become fiercely competitive, with many retail businesses struggling to staff enough service workers to assist customers in brick and mortar stores as well as the talent needed to support the surge in e-commerce and online shopping. Payscale delivers the salary data and software solutions that helps leading organizations in the retail and customer service industry build modern compensation programs to attract and retain talent.

Top Challenges for the Retail Industry

Attracting Skilled Talent
Hiring in a labor shortage

In the recovering economy, the retail industry is booming and employers are struggling to find qualified applicants for their open positions. Competitive wages and total rewards packages are essential to attract talent in a hot job market.

Planning for Pay Increases
Planning for pay increases

After a rough two years of difficult working conditions during a pandemic in combination with rising inflation and increases in opportunity, employees are expecting higher than average pay increases to keep pace with the market.

Managing pay compression

In a hyperactive job market, you have to think about pay equity. Pay for new hires can outpace tenured employees, even managers, which can put you at risk of unmanageable turnover.

Pay Communications Icon
Training on pay communications

With all the challenges in the current job market, it is imperative for employees to understand pay policies and for managers to be trained on compensation.

Stop waiting on surveys

Payscale gives you access to current salary data that you can cut any way you like it — even by competitors! — so you can make pay decisions right now.

Learn more about our data

Retail salary data available from Payscale right now

1.56
Million incumbents - Peer
96
Participating orgs (2021) - Peer
30%
Participation growth - Peer
296%
Incumbent growth - Peer
175,992
Crowdsourced profiles

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Customer Stories

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possible with Payscale?

Retail and customer service-focused businesses of all kinds have already turned the corner on compensation. Let’s meet to discuss how Payscale can help your teams reinvent inefficient processes simply and cost-effectively.