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India Witnesses Massive Growth in Retail Sector |
Women take on the retail wave
Are you a mother with a family to look after and
feel that your professional life has hit the
break? Well, the retail industry is a place to
look at, as this sector is now taking more women
on board to enhance customer service and trim
attrition rates, writes Chanda P Kumar.
Thanks to our
swelling pockets, the retail industry is a
burgeoning one and according to Euromonitor
International, the Indian retail market will
grow in value terms by a total of 39.6 per cent
between 2006 and 2011, averaging growth of
almost 7 per cent a year. Of this modern retail
accounts for about 4 per cent of the total
retail market in India, which is expected to
increase to about 15 -20 per cent.
With its huge growth, retail biggies are on a
hiring spree to support and run their hundred
odd stores of various formats. And here, the
sector seems to have taken fancy to the
womenfolk and demanding more women employees for
better service and enriched store experience for
the customers.
“Given that there is an overall huge demand for
manpower, everyone irrespective of gender is in
demand these days in retail. Having said that
yes, I do agree that there is a demand for women
but for specific requirements, formats, products
compared to others,” says Rituparna Chakraborty,
Vice President, TeamLease Services.
The fairer sex is
the employers choice in the retail space
specially with certain sections and product
categories like food & grocery, cosmetics, kids,
jewellery, home decor and apparels.
Why women?
So are you wondering why women are
taking on the retail wave? Well, women are
gifted with certain qualities, which are
tailor-made to suit the needs of the industry.
The ability to be pleasant, patient and
effectively communicate with customers, are
probably some of the unique characteristics,
which make women more suitable for certain roles
in retail. “There is a possibility that more of
our customers are women than men in some of our
formats like Reliance Fresh, Health and Wellness
etc.
Women employees are likely to be more
comfortable in dealing with women customers,”
explains Bijay Sahoo, President & Chief People
Officer, Reliance Retail.
With customer being the king for all retailers,
women are quite expectedly becoming the
preferred choice in most front end profiles,
which requires constant interaction with
customers. “Yes, definitely retailers are hiring
more women. Also more number of women are now
interested in retail due to increased awareness
about the sector and growth opportunities it
holds,” says Ashok G, HR Head for South Zone,
Pantaloon Retail India, which runs retail chains
like Pantaloon, Big Bazaar and Food Bazaar.
Given the high attrition levels, which are
plaguing the industry, women seem to be a better
option as they stick longer in the service
industry compared to men and here retail firms
are also targeting those who quit their jobs
after going the family way. “With the dearth of
manpower across the sector, retailers are trying
every means to increase the size of the pie by
adding the so called “outsiders” to the overall
workforce by trying to attract housewives and
women who have given up their jobs due to ‘child
break’,” Ms Rituparna says.
According to TeamLease the retail industry has
nearly 70 per cent attrition and any improvement
to this statistics would have an immediate
impact on reduction of the overall manpower
costs.
“Attrition rate is definitely lower among women,
I would say less than four to five per cent as
compared to 8-9 per cent prevalent with male
employees. Women are generally tolerant and look
for long term prospects. Yes, we retailers
definitely benefit by hiring more women,” Mr
Ashok of Pantaloon says. Though there is no are
no reliable statistics, which give the strength
of women workforce, it is estimated that the
ratio is almost equal between men and women
employees in the retail industry. “The demand
for women is almost equal to that of men in
retail jobs. Almost in 50 per cent front-ending
profiles, women are preferred over men,” Ms
Rituparna explains.
Taking to the trend
According to TeamLease many retailers
across the nation have taken to this trend in
recruitment including retail biggies such as
Pantaloon, Reliance Trends, Shopper’s Stop and
many others. However, few retail majors say that
they are employing individuals based on their
skills regardless of gender “Being an equal
opportunity employer, we have not provided for
any preference for women employees in our
selection process. We are focussing on training
all our people in etiquette, grooming,
communication and customer service. We are
assigning roles based on their competence and
not on gender,” says Mr Sahoo of Reliance
Retail.
Outlook
While at present there is demand for
more women employees for front assistance,
counter sales and store management, Ms Rituparna
believes that there will be many more women in
middle and senior level positions in retail.
“We are seeing more women as Business Heads,
Functional Heads and other top positions in our
retail brands since a couple of months,” says Mr
Ashok. Going forward experts believe that women
are expected to make a mark in other areas of
retail management in a big way.
Source : Deccan
Herald
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