Published on November 1st, 2017 | by The GC Team0
Retailers fear Brexit-induced labour shortage
The findings of a new study have revealed that 58% of British retailers believe Brexit will negatively impact their access to labour, and the overall majority of these retailers believe the knock-on effect of this will put extra pressure on their workforces.
The survey, carried out by data-driven scheduling company Rotageek, suggests that a staffing crisis caused by a decrease in labour from the EU could further complicate matters for retailers as the industry continues to undergo rapid change.
Retailers are said to be having difficulty matching scheduling to their business needs, with 41% wrongly predicting staffing requirements, and 65% stating that having the right staff in the right place at the right time is a struggle.
Chris McCullough, CEO and co-founder at Rotageek, said: “This data exposes how vulnerable British retailers are feeling – the government must look at how damaging limiting EU labour could be. High streets are already home to empty shops and relics of once great retailers. Managing the effects of Brexit effectively and utilising the right technology will ensure retailers can continue to flourish.”
Commenting on the survey, Edward Thorne, UKI Managing Director at Dun & Bradstreet, said many UK businesses – particularly those in the retail sector – are concerned about the uncertainty around Brexit.
“For now, retailers will need to monitor how the Brexit negotiations unfold over the coming months and assess the impact on their business and the broader UK economy. At Dun & Bradstreet, we are predicting a gradually slowing economy over the next two years.
“The eventual settlement between the UK and the EU will become clearer over time, but until then, a careful approach to managing relationships with suppliers, customers, prospects and partners will be key. Retailers can take advantage of the insights, data and tools available to help them navigate through these uncertain times.”