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Statistically Speaking …You’ve Got Staffing Struggles

by Lindsay Lauck
on February 13, 2019

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.

 

Tags: dealership staffing, DMS, hiring and retaining talent, Staffing Struggles

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