Content about Hay Group

October 10, 2013

More than three-fourths (79%) of retailers expect an increase in sales this holiday season – the highest percentage seen since the financial downturn.

Philadelphia -- More than three-fourths (79%) of retailers expect an increase in sales this holiday season – the highest percentage seen since the financial downturn. That’s according to global management consultancy Hay Group’s seventh annual retail holiday survey, whose results were more optimistic that several other holiday forecasts.

September 19, 2013

Wal-Mart Stores and McDonald’s were the only retailers to crack the Hay Group’s eighth annual Best Companies for Leadership Study Top 20 list.

Philadelphia -- Wal-Mart Stores and McDonald’s were the only retailers to crack the Hay Group’s eighth annual Best Companies for Leadership Study Top 20 list.

The study surveyed nearly 18,000 individuals at more than 2,200 organizations worldwide to examine how companies develop their leaders and foster cultures of innovation. This year, Procter & Gamble led the Top 20. Wal-Mart ranked No. 7, and McDonald’s came in at No. 8.

September 21, 2012

Executive compensation has always been a hot topic in corporate America — and the retail industry is no exception. These days, two trends are upping the attention paid to pay at the top: the ongoing move to performance-based equity, and the scrutiny compensation packages are receiving from increased SEC regulations and shareholder involvement.

September 10, 2012

Three-fourths (75%) of retailers forecast an increase in holiday sales this year, according to a survey by Hay Group, a global management consultancy.

Philadelphia -- Three-fourths (75%) of retailers forecast an increase in holiday sales this year, according to a survey by Hay Group, a global management consultancy.

The annual Seasonal Staffing Survey report also finds that retailers have more confidence in holiday hiring plans. While 57% of retailers plan to hire seasonal workers at the same level as 2011, 36% say they will be hiring more. This stands in contrast to 2011 when just 10% planned to hire more seasonal workers than the year prior.

September 10, 2012

Three-fourths (75%) of retailers forecast an increase in holiday sales this year, according to a survey by Hay Group, a global management consultancy.

Philadelphia -- Three-fourths (75%) of retailers forecast an increase in holiday sales this year, according to a survey by Hay Group, a global management consultancy.

The annual Seasonal Staffing Survey report also finds that retailers have more confidence in holiday hiring plans. While 57% of retailers plan to hire seasonal workers at the same level as 2011, 36% say they will be hiring more. This stands in contrast to 2011 when just 10% planned to hire more seasonal workers than the year prior.

July 2, 2012

By Christine Rivers, Hay Group

By Christine Rivers, Hay Group

May 8, 2012

Management consulting firm Hay Group reported that employee turnover levels in the retail industry are on the rise.

Philadelphia -- Management consulting firm Hay Group reported Tuesday that employee turnover levels in the retail industry are on the rise.

According to a new survey from Hay Group, an improving job market and solid first quarter sales are impacting turnover. Retailers report a median turnover rate of 67% for part-time store workers, a 33% increase over 2011. One in five retailers report that they have experienced more turnover in the first part of 2012.

May 8, 2012

Management consulting firm Hay Group reported that employee turnover levels in the retail industry are on the rise.

Philadelphia -- Management consulting firm Hay Group reported Tuesday that employee turnover levels in the retail industry are on the rise.

According to a new survey from Hay Group, an improving job market and solid first quarter sales are impacting turnover. Retailers report a median turnover rate of 67% for part-time store workers, a 33% increase over 2011. One in five retailers report that they have experienced more turnover in the first part of 2012.

May 2, 2012

McDonald’s and Wal-Mart Stores are among the Top 20 companies in the world for leadership, taking the No. 6 and No. 8 spots respectively, according to an annual study by global management firm Hay Group.

Philadelphia -- McDonald’s and Wal-Mart Stores are among the Top 20 companies in the world for leadership, taking the No. 6 and No. 8 spots respectively, according to an annual study by global management firm Hay Group. The two chains were the only retailers to make the list.

September 6, 2011

According to a survey released Tuesday by global management consultancy Hay Group, 68% of retailers expect holiday sales to increase this year.

Philadelphia -- According to a survey released Tuesday by global management consultancy Hay Group, 68% of retailers expect holiday sales to increase this year. However, hiring plans remain conservative, with 67% of retailers hiring at the same level as last year and 25% hiring fewer seasonal workers.

August 1, 2011

By Craig Rowley, VP and global practice leader, Hay Group

By Craig Rowley, craig.rowley@haygroup.com

August 1, 2011

By Craig Rowley, VP and global practice leader, Hay Group

By Craig Rowley, craig.rowley@haygroup.com

June 7, 2011

By Lindsey Lanzisero senior associate, Hay Group's Retail Practice and Craig Rowley, VP and global leader of Hay Group's Retail Practice

By Lindsey Lanzisero, Lindsey.Lanzisero@HayGroup.com and Craig Rowley, Craig.Rowley@HayGroup.com

June 7, 2011

By Lindsey Lanzisero senior associate, Hay Group's Retail Practice and Craig Rowley, VP and global leader of Hay Group's Retail Practice

By Lindsey Lanzisero, Lindsey.Lanzisero@HayGroup.com and Craig Rowley, Craig.Rowley@HayGroup.com

March 7, 2011

This year has already seen a reshuffling at the top of several large retailers, including Gap, CVS and Wal-Mart, and more changes are expected. 


January 25, 2011

survey released Tuesday by management consultancy Hay Group, ranking the 20 best companies for in terms of leadership, said that both Walmart and McDonald’s made the sixth annual list, but incumbents Zappos and Ikea dropped out of the rankings.

Philadelphia -- A survey released Tuesday by management consultancy Hay Group, ranking the 20 best companies for in terms of leadership, said that both Walmart and McDonald’s made the sixth annual list, but incumbents Zappos and Ikea dropped out of the rankings.

January 25, 2011

survey released Tuesday by management consultancy Hay Group, ranking the 20 best companies for in terms of leadership, said that both Walmart and McDonald’s made the sixth annual list, but incumbents Zappos and Ikea dropped out of the rankings.

Philadelphia -- A survey released Tuesday by management consultancy Hay Group, ranking the 20 best companies for in terms of leadership, said that both Walmart and McDonald’s made the sixth annual list, but incumbents Zappos and Ikea dropped out of the rankings.

December 28, 2010

Economic forecasts for 2011 are a mixed bag for senior executives in retail companies. Executive compensation packages and salary increases are expected to be healthier than in the last two years, but the overall economy is, at best, in a state of stagnation. 


The Society for Human Resource Management, or SHRM, based in Arlington, Va., projected median salaries across all industries would rise 3% this year, compared with the more modest 2.5% increase that was the median in 2010. 


September 8, 2010

A survey released Thursday by global management consultancy Hay Group found that 64% of retailers...

August 31, 2008

Few, if any, retailers are using the business-management concept of senior leadership teams (SLT)...

August 31, 2008

Few, if any, retailers are using the business-management concept of senior leadership teams (SLT)...