Drive to Success: Profitability and the Role of Employee Engagement
Happy employees drive more than your dealership’s culture. According to Cox Automotive’s 2019 Dealership Staffing Study, employee engagement drives dealership profitability, your likelihood of success, and team productivity. So…how’s that employee engagement program coming along? Read more from the following reports:
Hireology: According to a recent survey of over 1,200 individuals in the automotive industry, only 50% of dealership staff say their managers met with them regularly to set goals and objectives. If you aren’t empowering your team with opportunities to grow, they simply will not remain engaged at work.
Wrike: Companies with engaged employees can expect up to 21% higher profitability and can outperform their counterparts by 202%! Yet, even the most engaged employees report being unproductive up to 75% of their time. Where is the disconnect?
ShifteLearning: Companies are finding smarter ways to empower their employees with technology. Flashy benefits and salaries aside, when your employee feels valued, they’re more likely to stick around and grow your business.
Builtin: A highly engaged workforce has been shown to boost productivity and profitability. And, engaged employees always go the extra mile.
Cleverism: A disengaged employee is more likely to jump ship. Shockingly, companies are losing $450 billion each year as a result. And 75% of employees will quit this year due to their boss, not the job. Yikes.
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