The Warehouse Group earlier this week announced a plan to lift the wages of certain staff by between $50 and $100 extra a week at the same time as saving the company money.
Managing director, Mark Powell, estimates the new programme will cost it up to $2.5 million in the next two financial years but that, if it can cut staff turnover by as little as 1%, it will save a $250,000 a year.
He says any business depends on its people and needs staff who are engaged and motivated.
Mr Powell says The Warehouse wants people to see retail as a great career and that's why it's been called a career retailer wage.
The Warehouse employs about 10,000 people of which 8,000 work in its stores.
It has staff turnover of between 20% and 40% a year, depending on the role.