Save Your Dealership $1.5 Million By Calculating the Costs of Employee Turnover

Save Your Dealership $1.5 Million By Calculating the Costs of Employee Turnover

For the amount of money your dealership loses every year due to turnover, you could purchase a 3-bedroom house in the Garden District of New Orleans (convenient if you’re planning to attend NADA in January).

Or, you could buy 6 Batsuits. Who am I to judge?

The point is that the average automotive dealership spends $1.5 million each year covering replacement costs from employee turnover. That astronomical sum amounts to a beautiful Louisiana home, a collection of superhero costumes or, to take a dealer-specific example: proceeds from about 1,200 vehicle sales.

Clearly, turnover is a serious encumbrance on dealers’ bottom lines. And yet they frequently allow the problem to persist unabated, for two reasons:

1. Dealers don’t know how much employee turnover is really costing them, and

2. Once they do, they aren’t sure what to do about it.

Calculate Turnover Costs
at Your Dealership


calculator iconUse this handy calculator to see just how much turnover’s costing your dealership.

Calculate Costs

Get Your Customized Report

You probably know where this is going.

Compli has developed a tool to allow dealers to determine and address the rates of turnover at their organizations. The Auto Dealer Turnover Cost Calculator can help you figure out how much employee turnover costs your dealership each year, using benchmark data from the National Automobile Dealers Association and the Society for Human Resources.

Go ahead—calculate your dealership’s turnover costs. All it takes is a couple minutes and a few data points from HR.

After you’ve plugged in the numbers, click calculate and you’ll see your customized report, showing you costs throughout your dealership—as well as they pertain specifically to your sales team—and your potential savings.

Take Action

What can you do with all this information? Right below your Auto Dealer Turnover Cost Calculator results, we’ve included some instructions for planning your next course of action.

The first step is doing away with a “good enough” approach to compliance and recruitment. We recommend developing a systematic approach to onboarding, communication and training, with a focus on acquainting new employees with your company’s goals from day 1:

  1. Onboard employees well so they understand both what’s expected of them and that they’re an important part of the team.

  2. Provide ongoing training to employees, in order to demonstrate that they have opportunities to grow.

  3. Emphasize open communication by redirecting employees that may have started down the wrong path and reinforcing your company’s goals, values and expectations often.

Next, consider automating your onboarding and compliance programs. You don’t need a fancy suit or a vast collection of gadgets to do this. (Looking at you, Batsy.) Compli makes automation easy. Once you’re ready to learn more, click here.

Auto Dealers, Calculate Turnover Costs
at Your Dealership

Ucalculator iconse this handy calculator to see just how much turnover’s costing your dealership.


Calculate Costs

Brett Safford

Brett is a previous member of Compli’s Customer Success team, where she helped clients get the most out of their platform and achieve their unique goals. Brett's love for fabric and quilting means her family suffers from an overabundance of blankets. In the evenings Brett can be found cooking in the kitchen with a glass of red wine and Ella Fitzgerald on the record player.

→ Brett Safford

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