Compensation in Retail: Why Market Data is Crucial

Contribution by Kienbaum 

The retail industry faces significant challenges: labor and skills shortages, as well as evolving employee expectations, make competitive compensation essential. Companies that strategically align their compensation structures with current market trends can attract and retain employees in the long term.

But how can retail companies ensure that their compensation models are market-driven and competitive?

A solid basis for decision-making comes from analyzing up-to-date market data. Companies that benchmark against market comparisons can establish fair, attractive, and economically viable salary structures. This helps them avoid over- or underpayment and position themselves as attractive employers in the highly competitive job market.

To provide its members with a reliable data foundation, the “HANDELSVERBAND.swiss” has partnered with Kienbaum. This collaboration grants all members access to the Kienbaum Retail Club Survey (an industry benchmark for compensation data in the retail sector), offering exclusive and up-to-date compensation insights—a valuable tool for a market-driven compensation strategy.

Members can learn more about participation in the survey by registering for a short online information session (via Teams), where they can receive answers to their questions directly:

  • April 29, 2025, 3 PM – 3.30 PM
  • April 30, 2025, 8 AM – 8.30 AM
  • May 7, 2025, 4 PM – 4.30 PM
  • May 8, 2025, 8.30 AM – 9 AM

Registration link

For questions and further information: cedric.cohen@kienbaum.com

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