“NADA Unveils Online Data Tool”

Used Car News – The National Automobile Dealers Association has unveiled an online tool that allows users to search the entire 2013 and 2012 NADA Dealership Workforce Study database…

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“Gen Y Turnover Rates Skyrocketing”

December 2013 Issue, F&I Magazine – Compensation is not really the main retention driver. If you overpay your people, it does not buy loyalty and it doesn’t buy retention…

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“Dealerships Hiring More Women, Gen Y Workers, Study Shows”

Crain’s Detroit Business – Dealerships are hiring more women and young people, and their employees overall are making more money, a new study shows…

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“Survey Shows State of Dealership Workforce”

Used Car News – On average, dealership employees earn 27 percent more than the average weekly earnings of all U.S. private sector employees…

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“F&I Managers Reap Biggest Dealership Pay Gains”

Automotive News – Here’s more proof of how valuable the F&I office is to dealership profits: F&I managers’ pay rose faster in 2012 than that of any other dealership employees, according to the 2013 Dealership Workforce Industry Report…

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“NADA Report Offers Insights on Recruiting, Retention of Dealership Workforce”

AutoRemarketing – Salespeople are hardest to retain, women and Generation Y workers are on the rise, and F&I managers tend to have the highest income growth — these are just a few of the results of a new report aimed at helping dealers meet the challenges of recruiting and retaining top talent…

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“NADA Unveils Second Annual Report on Dealership Workforce”

AutoSuccess – This is by far the most comprehensive and timely study on the dealership workforce ever produced, and serves as a tremendous resource to help dealers ‘step up their game’ to gain an edge on the competition…

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“Dealers Pay More, Keep Employees Longer, Study Says”

Automotive News – “If you look at productivity as gross profit per employee per month, it grew by 3 percent,” Kraybill said. “My conclusion is dealerships have not increased their pay plans per se, but what has happened is, as retention goes down, and the productivity of those employees goes up, they are paid the same percentage of the gross profit they generate, so they are making more…”

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