Outsourcing HR For Automotive Dealerships

Publisher: Corban OneSource

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Outsourcing HR For Automotive  Dealerships

From salespeople to mechanics, new car dealerships across the United States employ over 1.1 million Americans with an average annual salary of just under $70,000. Many of these employers offer benefits–99% of franchised dealers offer health insurance while 97% provide 401(k) retirement plans for full-time employees. For employers, managing payroll and benefits can be challenging enough without taking into consideration the high turnover rates of the automotive dealership space. Automotive dealerships are faced with a staggeringly high turnover rate of 46%, caused by high-pressure environments, long work hours, and a high demand for sales targets. Fortunately, by outsourcing HR automotive dealerships can unlock greater efficiency and overcome these persistent challenges