In 2016 US Auto sales increased for the seventh straight year. Unfortunately, workforce trends are not rising to meet the industry’s record sales. The turnover trends for the auto industry is an $8 billion-plus problem according to the president of ESI Trends, Ted Kraybill, featured in Automotive News’ latest on the industry’s people problem. The […]
“If what you’re trying to accomplish is an engaged, consistent workforce, you face significant risk by lacking a documentable process. Any organization needs to have a plan, or process, or at least ideas about the entire employee lifecycle.”
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).
Employee turnover is a hot topic, with good reason! High turnover can impact your costs and cause employees to disengage. Furthermore high turnover can be a red flag to potential employees. So what do you do? What factors contribute to high turnover? Does turnover affect corporate compliance or does corporate compliance affect turnover? Are there […]