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Luxury Retail Sales Teams: Not happy anymore with their wages
Last 15 years have been tough times for luxury retail in general. Although significantly more efforts were required as the business became more challenging, luxury retail staff in its majority (especially in the western countries) reported a decrease/freeze in their wages. In fact we have interviewed over 500 luxury retail professionals in the US, UK and France and all agreed to say, they are making the same money they did 20 years ago or less. Let’s share here a bit of your insight if you any about this subject…
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5 Replies
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In the US, as reported by our candidates, when you add to the tough online selling competition: The draw versus commissions, Commissions only based salaries or Low hourly pay with high expectations in most stores. It leaves the sales teams drained at the end of the year.
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And i dont think it is going to better in the upcoming years with the rise of online selling<font face=”inherit”>, physical stores will mostly become showrooms or windows for brands…why would the employer invest in retail sales </font>talents<font face=”inherit”>…lots of jobs not only retail will be more and more impacted. May be its time to embrace a carrer change 2.0 </font>
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I found that article illuminating , apparently asian workers are doign better someone…https://www.scmp.com/business/companies/article/1508134/rich-pay-rich-clients-luxury-retail-jobs-go-begging
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Most of retail Top Sellers i interviewed during last few years reported being discouraged by employers/brands to pursue their career in retail because of toxic climate not being resolved…when not being created unintentionally. It is a shame somehow when you think of how important those candidates are AND difficult to find.
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This is an eye opening article posted by Solange about why luxury retail sales should not be paid commission based… http://139.185.37.171/luxury-retail-commission/
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