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Three Steps for Better People Management in an Uncertain Market

Hireology

When most people think of the automotive industry, they picture shiny car lots and flashy showrooms. And it’s this “people-side” of the automotive business that truly keeps the industry running. As recently as 2016, turnover in the automotive industry was as high as 43%, according to an NADA workforce study. In the U.S.

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The Changing Role of Dealership F&I Managers

Hireology

Dealership F&I managers see themselves as putting automotive customers’ needs first, as they’re constantly seeking low interest car loans for customers. According to a recent survey asking automotive customers, “Which dealership employee do you feel is most interested in serving your interests, rather than the interests of the dealership?

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Why Is It Important To Train Your Staff In 2020?

Recruiting Blogs

The report by UK L&D noted how none of the companies who are spending more than the national average of £300 on training for each employee have a retention rate of less than half a year. Automotive. Clearly, staff morale and job satisfaction are enhanced by sufficient training. We don’t win them over with a paycheck.

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Calculating the Cost of a Bad Hire – What’s Your Formula?

Hireology

Financial losses. Glassdoor research found that companies with a strong onboarding process improve new hire retention by 82% and productivity by over 70%. Managers may also have to spend additional time reviewing the underperformers’ work to ensure it meets standards — time that could have been devoted to bigger priorities.

Hiring 148
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Why a 4-Day Work Week Is a Good Idea, According to This Company’s Recent Experiment

Linkedin Talent Blog

With retention being such a critical issue and study after study showing that employees want to work for companies that are flexible about where and when they work, the Perpetual Guardian experiment is worth exploring. Their actual job performance didn’t change when doing it over four days instead of five.”.

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Core Company Values: 12 Inspiring Examples

Achievers - Recruiting

Cox Automotive. Cox Automotive is a subsidiary of Cox Enterprises, and the parent company of Autotrader, Kelley Blue Book, and Xtime. Improve financial security. To address their why, hows, and whats, Cox Automotive has built a unique workforce that reflects the communities they serve. Delight our customers.

Examples 113
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3 Ways Small Businesses Can Provide Employee Child Care

Recruiting Daily Advisor

Supporting New Parents for Improved Retention. Patagonia’s CEO cited the following benefits from continuing the 36-year program: About 91% of costs are recovered due to increased retention, tax benefits, and employee engagement. There has been success in fostering a trusting workplace culture.