Home » Tackling Turnover in Dealerships
Employee turnover in dealerships has reached an alarming 46%, costing businesses not just financially but operationally as well. For dealerships, high turnover disrupts workflows, increases training costs, and negatively impacts team morale—all factors that can slow progress during critical business periods.
With the busy season around the corner, workforce planning isn’t just a good idea—it’s a necessity. Starting early allows dealerships to forecast staffing needs, address gaps, and focus on retaining their top talent before turnover takes its toll.
1. Reduce the Costs of Turnover: Turnover impacts your bottom line more than you might think. From hiring expenses to lost productivity, each departure takes a toll on profitability. Early planning ensures you’re prepared to retain your current team and onboard new hires efficiently.
2. Forecast Staffing Needs: Reviewing historical data and understanding workforce trends helps you predict your staffing requirements. Whether it’s anticipating increased demand or filling key roles, planning ahead saves you from last-minute scrambles.
3. Retain Your Best Talent: Retention is the key to reducing turnover. Focusing on engagement, growth opportunities, and recognition keeps your team motivated and invested in your dealership’s success.
Understanding your turnover rate is the first step to improving it. That’s why we’re offering a free Turnover Rate Formula Tool to help dealerships quickly calculate and analyze their employee turnover.
This simple tool also links to our HR System Assessment Guide, providing actionable insights to streamline your processes, improve retention, and keep your dealership running smoothly.
By addressing turnover and focusing on workforce planning now, you’re setting your dealership up for a smoother, more productive year. Don’t wait for problems to arise—take action today and start the conversation about how DriveHRIS can support your team.
Ready to streamline your HR processes and prepare for the future?
Let us show you how DriveHRIS can help.
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