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Why 2019 is the Year of the Job Applicant in Retail Automotive

Hireology

Below, we’ve outlined several reasons why 2019 is the year of the job applicant in retail automotive – and how your dealership can attract quality candidates to support your business success. Few Job Seekers Are Interested in Retail Automotive Careers. One of the most important steps you can take is building a strong employment brand.

Retail 60
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Kinleigh Folkard and Hayward gives staff one-off cost-of-living payment

Employee Benefits

I was extremely proud we were able to retain our workforce on their full salaries when the property market shut down during the pandemic, and I am proud we are in a position to support our people through another difficult period.” KFH joins other employers in the property sector who have helped their workforce out financially.

Bonuses 59
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Hike in workers using employee benefits’ shopping discounts

Employee Benefits

March and April user data for HIVE360’s employee benefits app Engage confirms employees are using financial benefits more, with downloads of shopping discounts for retailers including Tesco, Sainsbury’s, Asda, and Morrisons up by 10 percent month-on-month.

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Today’s Top Compensation Trends

CorpStrat

More than ever, compensation is top of mind for employers and employees alike. Today, workers can demand higher pay and better benefits as many employers face a worker shortage and struggle with employee attraction and retention. On top of that, both employers and employees are feeling the financial strain of record-high inflation.

Salary 52
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EXECUTIVE COMPENSATION

HR Management Activities

As Figure shows, the common components of executive compensation are salaries, annual bonuses, long-term incentives, supplemental benefits, and perquisites. Especially when the base salary is $1 million or more, the executive often is interested in the mix of items in the total package, including current and deferred compensation.

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How Employees Can Help Your Dealership Build Customer Trust

Hireology

In recent years, job seekers have become wary of the unpredictable, commission-based salaries associated with most dealership sales roles. To meet the expectations of today’s job seekers, many dealerships are switching from commission-based pay plans to base pay plus bonus plans – for both sales and product expert roles.

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WFH may help recruitment but it won’t stem resignations, research shows

cipHR

HR software provider CIPHR conducted a survey of over 330 British employers last month to discover how the increasingly competitive talent market has affected their staff retention and recruitment drives over the past twelve months. When it comes to retention, however, it’s not so clear cut.