Saturday, November 28, 2020
Home Tags Turnover

Tag: Turnover

turnover

The Biggest Profit Killer Dealers Still Won’t Talk About

3
It’s no secret, the automotive business has been struggling for years with low-profit margins and employee turnover now hitting an all-time high of 46%. However, dealers are often hesitant to talk about the actual root cause of the issue. Cox Automotive’s 2019 Dealership Staffing Study found, “with an average cost of $10,000 per new hire […]
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.
stress

Five Things Your Dealership Can Offer to Decrease Stress-Related Turnover

0
For most workers today, job-related stress is having a significant impact on how they work, and if they stay at their jobs. The American Institute of Stress found that 40 percent of workers felt that their job was very or extremely stressful, and a 2018 survey found that 25 percent of workers in America and […]
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.
turnover

What Does Staff Turnover Actually Cost the Dealership?

0
If I asked you whether employee turnover was good or bad you would already know that it’s bad.  But there’s a deeper question – how bad is it? That’s the question you need to answer if you’re going to launch a meaningful response to addressing employee turnover.  When you understand what the cost is then […]
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.
health

How to Tune Up Your Staff’s Health and Keep Them Around...

0
It’s no secret that healthy employees are more likely to have positive attitudes and more energy to complete tasks at your dealership. Healthy habits can also lead to lower insurance premiums and a reduced number of sick days. But how can dealers encourage these healthy habits? Our next guest is here to tell us. We’re […]
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.
turnover

Alleviate Dealership Turnover with These Proven Strategies

0
High employee turnover creates high costs for dealerships. In addition to the cost of finding a new team member and negotiating a new salary, there is also the incurred cost of time, energy, and inactivity on the lot. Unfortunately, high turnover is epidemic at many dealerships. According to a McKinsey & Co survey, lower-performing dealerships […]
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.
Dealership

Isabelle Helms: How to prevent turnover from costing your dealership

0
Say your dealership is trying to find ways to spend less money while at the same time making more. According to Isabelle Helms, VP of Research and Market Intelligence with Cox Automotive, the 2017 Dealership Staffing Study finds that there is one expensive issue that’s preventing any dealership from reducing cost and maximizing profitability.
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.
turnover

2 changes to improve employee turnover at your dealership

0
Word has it that many dealers are still having problems finding and keeping ‘good’ salespeople. According to the 2016 NADA Dealership Workforce Study, the average turnover rate for salespeople is 67 percent, and as high as 72 percent at non-luxury dealerships. High turnover rates in the auto industry are not news. But is the problem […]
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.
auto sales

Daily Newscast: Sales above normal despite slow down | Manager Do’s...

0
  In today’s CBT Newscast for Monday April 10, 2017: Auto sales still above normal despite slow down Jennifer Caldwell, Senior Analyst Edmunds.com reports on the decline...
Turnover

Daily Newscast: Mark Fields creates new jobs

0
How to lower turnover at your dealership. How to succeed by fixing your dealership's phone process. How will gas prices impact your inventory?
Team Success

Two things that will improve Service Advisor turnover

0
Joe Gumm talks with Don Reed, CEO of DealerPro Training to discuss two things that will improve Service Advisor turnover
To access this post, you must log in or purchase – Monthly-17-95 or – Yearly-159.