A big question is: “How much do retail jobs pay?”
According to a recent report by the Federal Reserve Bank of New York, retail jobs in the United States pay about $20 an hour, well above the national average.
But there’s still a lot of uncertainty about the wages of retail jobs, especially in the retail industry.
In the meantime, here are five tips to help you decide how much to spend on your next purchase.
Make sure the store you choose has a good store policy to reduce waste.
Many retailers have policies that protect their staff and keep the environment clean, but some also don’t.
A few years ago, a number of retailers in New York City introduced a new store policy that allows employees to shop on the job for up to 40 percent of their salary.
“I think they’re doing a good job of reducing waste and improving environmental quality,” says Maryann Marchetti, the chief executive officer of the retail consultancy firm The Retail Leadership Group.
“But the challenge for retailers in the future is, are they going to be able to compete in an environment where you don’t have these policies in place?”
Choose your retail store carefully.
As you look for a new retail job, you might find yourself making decisions about the store that won’t make sense to you.
For example, do you like to spend your days in a store or on the go?
If so, make sure the new job offers some flexibility to accommodate your needs.
“There’s a lot that you have to do to be comfortable in a new location,” says Marchetti.
If you’re a frequent shopper, don’t just get to the store to buy the product, she says.
“It’s important to go into a store and see what they have to offer.”
Keep an eye on the workers.
You don’t want to make a mistake that can cause your boss a job loss, Marchetizi says.
But the store should also be a place where the workers feel valued and respected.
“They are the first line of defense against the worst of the environment,” says Margo Schulz, an assistant professor at Cornell University.
“A lot of retailers don’t understand the importance of the people who work there.
It’s important for them to be treated with dignity and respect.”
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