Wine Retailer Majestic Teams Up with Rest Less for Age-Inclusive Workforce

  • Majestic partners with Rest Less on over-50s staff recruitment
  • Partnership aims to attract older talent into the workforce
  • 168 new colleagues over 50 hired in retail stores since 2019
  • 88.5% increase in number of over-50 employees since 2019

Majestic, a wine retailer, has partnered with Rest Less, a digital platform for the over-50s, to attract more older talent into its workforce. Since September 2019, Majestic has seen an 88.5% increase in employees aged 50 and above, hiring 168 new colleagues over 50 in retail stores. The partnership will allow the company to post vacancies on Rest Less’s job board. CEO John Colley and Rest Less’s Stuart Lewis express enthusiasm for the collaboration.

Factuality Level: 10
Factuality Justification: The article provides accurate information about a new partnership between Majestic and Rest Less aimed at attracting older talent into the business, with statistics on the increase in the number of employees over 50 years old since 2019. It also includes quotes from both CEOs supporting the partnership and its goals.
Noise Level: 2
Noise Justification: The article provides relevant information about a company’s partnership with Rest Less to attract older colleagues and highlights the increase in employment of people over 50 in their workforce. It also includes quotes from both CEOs supporting the initiative. However, it lacks analysis or exploration of broader trends or consequences.
Financial Relevance: Yes
Financial Markets Impacted: The partnership with Rest Less may impact Majestic’s workforce composition and potentially its employee retention rates, which could affect operational costs and overall financial performance.
Financial Rating Justification: This article discusses a company (Majestic) partnering with another platform (Rest Less) to attract older talent into their business. This can have an impact on the company’s workforce composition and possibly its financial performance through employee retention rates, making it financially relevant.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.

Reported publicly: www.retailsector.co.uk