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Emmet Oliver

๐Ÿ‘ค Speaker
317 total appearances

Appearances Over Time

Podcast Appearances

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And so the demand has gone up for them.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And so when demand goes up, as we know, prices go up.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

Well, I suppose, first of all, I would say I'm a retailer, I grew up in retail.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And so that's where, you know, our understanding has always come from is that we've all grown up in the industries that we recruit for.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And so, yeah, you're seeing, you know, you mentioned that they still have a healthy lifestyle.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

profit margin but I suppose you're not looking at where the profit margin was and what's still to come out of that you know you've seen retailers and you know I think you'd agree over the last number of years you've seen retailers take a lot of those profits and they constantly invest them back in the stores back in communities and so you know

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

you know, they are squeezing that.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And again, if you look, you know, it's one thing looking at the bigger chains, but if you're looking at local convenience stores up and down the country, you know, there is a question, how do they shoulder these costs year after year after year?

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And, you know, that

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

Oh, 100%.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And so you've seen, you know, I think retailers are some of the most resilient people you'll ever come across.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And so they have rallied quite well in terms of what they're doing to offer different packages to attract talent instead of just getting into price wars with their competitors.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And so they're doing everything from a better work-life balance, you know, and kind of better rotas, better culture in store, progression opportunities, you know, perhaps extra annual leave days.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

You know, they're really kind of thinking outside the box in terms of how they can strengthen their packages without just impacting more on their labour costs.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

Yeah, so from speaking to retailers, no, they're not seeing an improvement.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

And really, the reason they're not seeing an improvement is they still don't feel that they have the support, not just from the guards, but they're looking more, you know, retailers are calling out for, I suppose, more support around responses for retailers.

Breakfast Business with Joe Lynam
Assessing Economic Trends in Ireland and Northern Ireland

Yes, this is Breakfast Business with me, Emmett Oliver.

Breakfast Business with Joe Lynam
The major business stories and market trends

Now, good morning to you.

Breakfast Business with Joe Lynam
The home transaction process report

Now, you're welcome back to Breakfast Business with me, Emmet Oliver.