Thursday, January 27, 2022
spot_img
Home Tags New hires

Tag: new hires

sales

Get your new hires productive in the sales arena quickly

0
In 2016, the average turnover rate for salespeople at franchised car dealerships was a staggering 67% every year. 40% of new hires would last just 90 days or less, accounting for massive training costs and lost sales from burned opportunities. While metrics through the pandemic become much harder to track, it’s evident that dealers as […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
sales

Getting new hires productive on the sales floor in today’s...

0
The annual turnover rate among sales staff is excruciatingly high in the US with around 80% of sales staff to leave every year, according to the 2019 Cox Automotive Dealership Staffing Study. The onboarding costs for new sales hires remain elevated, and for new hires to stick around, they both need to reach a level […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
onboarding

Employee Onboarding: Five Things Dealership Owners Should Do with New...

0
It is true what they say; you never have another chance to make an excellent first impression. At your dealership, the onboarding and training experience is your version of the “first impression.” That first week of onboarding is pivotal to establishing a connection with employees that makes them want to stay at your dealership for […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
turnover rate

Perks and Policies that Drive Retention

0
Cox Automotive’s Dealership Staffing study pointed out some worrying hiring trends in the auto industry. It found a 40% overall dealership staff turnover rate, with sales being the largest artery bleeding out: that sector had a whopping 67% turnover rate. Adding color to those already gloomy figures is the fact that women have a 9 […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
transition

Five Tips for Handling Internal Staff Transitions Within Your Dealership

0
In an ideal world, today’s entry-level employees would always become tomorrow’s senior leaders at your dealership. Ultimately, many factors impact whether an employee makes a lateral or vertical transition within a company. The level of experience, your evolving staffing needs, and their ability to stay with the company for the long haul are all critical […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
Employee Training

How training new hires impacts your bottom line

0
We all know service revenue is important to a dealership’s bottom line, especially now in what some are calling a “plateau” in new car sales. The stats that show the impact of service and maintenance offerings and how it benefits a dealership’s retention are overwhelming. However, nothing can slow your process up in the service […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159
new hires

Get Your New Hires Productive on the Sales Floor Quickly

0
The statistics have been consistent for the past several years. Salesperson turnover rate was 67 percent in 2016 overall with non-luxury brands experiencing a 72 percent churn rate. That number reveals a horrific issue on the sales floor – new hires who simply won’t convert prospects into buyers at the same rate as experienced salespeople. […]
To access this post, you must log in or purchase Monthly $17.95 or Yearly $159