Dealership Principal Owners (DPOs) and General Managers (GMs) are struggling with hiring, retaining, and even recruiting top talent in the automotive industry. If you think your dealership doesn’t have a problem, you need to take a closer look.
Let’s look at the facts:
- In 2016, employee turnover at dealerships in the united states increased by 3% — from 40% to 43%.
- In one year nearly one out of every two employees left dealerships for greener pastures.
- According to the NADA dealership workforce study, turnover will cost the average dealership $7.5k in gross profit… per employee.
- Across the industry, turnover is costing $8 billion a year!
Those numbers aren’t pretty, but there is hope. Watch the video above and visit our Staffing Struggles resource page to discover more.
The struggle is real—Learn More.
