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{"id":2554,"date":"2014-04-21T11:20:53","date_gmt":"2014-04-21T11:20:53","guid":{"rendered":"http:\/\/rai.net.in\/blog\/?p=2554"},"modified":"2014-04-21T14:31:51","modified_gmt":"2014-04-21T14:31:51","slug":"the-last-frontier-pwd-an-untapped-source-of-manpower-for-retail","status":"publish","type":"post","link":"http:\/\/blog.rai.net.in\/the-last-frontier-pwd-an-untapped-source-of-manpower-for-retail\/","title":{"rendered":"The last frontier: PwD \u2013 an Untapped Source of Manpower for Retail"},"content":{"rendered":"

\"01\"STOrai profiles the recently released Accenture \/ TRRAIN report \u201cBreaking new ground: Empowering persons with disability to work in Indian Retail\u201d.<\/p>\n

PwD constitute a population of 70 million, of which less than 1% is gainfully employed. The report, which is aimed at sensitizing both retail organizations and the government to the benefits of employing PwD, demonstrates how PwD employment is socially relevant and makes sound business sense due to lower attrition and better productivity.<\/p>\n

Indian retail is slated to grow from its current market size of 500 billion USD to over 1.3 trillion USD by 2020. Today, it is India’s second-largest employer, employing 33 million people. However, the sector has been subject to high attrition, low productivity and lack of employee engagement.<\/p>\n

Manpower costs add up to more than seven percent of total costs in retail. At the same time, high levels of attrition in the industry negate the investments made in recruiting and training employees. Industry growth means that the need for a skilled workforce continues to grow unabated.<\/p>\n

Retail \u2013 a wealth of employment opportunities for PwD<\/strong>
\nBesides being one of the country’s largest employers, the retail industry offers specific benefits that make it accessible and attractive to PwD employees. For example, the industry provides opportunities for personal and professional growth in customer facing roles. Additionally, modern retail environments like malls have accessible infrastructure that are PwD-friendly.<\/p>\n

Social benefits of PwD employment<\/strong>
\n\"02\"According to the report, there are a number of diverse advantages to employing PwD in an organization. These not only benefit the employer in terms of enhanced sensitivity and brand image, but also have a positive impact on society as a whole. In addition, hiring of PwD has a positive effect on their lives. It not only makes them financially independent by providing them with employment opportunities and increases their interaction with society, but also helps sensitize society to their capabilities.<\/p>\n

Business benefits of PwD employment<\/strong>
\nPwD employment has a proven track-record of lower attrition rates and higher productivity levels.<\/p>\n

\"03\"Additionally, employers of PwD stand to gain from a stronger brand image, caused by improved customer perception, and can take advantage of several Government incentives instituted for employers of PwD.\u00a0 Key insights:<\/p>\n