Now in its fth year, the 2016 NADA Dealership Workforce Study (DWS) continues to show a U.S. retail-auto industry with strong growth and earnings opportunities. New-car dealers reported improved revenues, earnings and employment across all departments in 2015. Average weekly earnings were $1,341, up 1.4% in 2015 compared to the previous year.
Vip Mumbai Call Girls Mumbai Call On 9920725232 With Body to body massage wit...
2016 Dealership Workforce Study
1. 2016 DEALERSHIP WORKFORCE STUDY
AUTOMOTIVE RETAIL: NATIONAL & REGIONAL TRENDS IN COMPENSATION, BENEFITS & RETENTION
THE BIGGEST WINNERS
Average earnings growth rate from 2014 to 2015 for employees who stayed in the same position for at least two years
Ç
7.3%
Ç
7.5%
Ç
8.0%
Ç
8.2%
Ç
10.9%
Ç
11.9%
COMPENSATION*
EXECUTIVE SUMMARY HIGHLIGHTS
Now in its fifth year, the 2016 NADA Dealership Workforce Study (DWS) continues to show a U.S. retail-auto industry
with strong growth and earnings opportunities. New-car dealers reported improved revenues, earnings and employment
across all departments in 2015. Average weekly earnings were $1,341, up 1.4% in 2015 compared to the previous year.
A new measurement in the 2016 DWS, which includes a compensation analysis of individual dealership employees or
incumbents working in the same position in 2014 and 2015, revealed growth rates in the service and parts departments
ranging from 6.7% to 8.2%. Average weekly earnings for sales consultants grew 2.7% year-over-year.
The overall employee turnover rate was 39%, which was relatively unchanged year-over-year, and was still well below the
U.S. private sector average of 46%.
Dealership productivity, measured as gross profit per employee, increased 0.4% to $8,446.
In 2015, Millennials comprised 42% of all new-car dealership employees, up from 38% in 2014. Millennials repre-
sented 60% of new hires at new-car dealerships, and we expect this percentage to continue to increase in the future.
NEW-CAR DEALERSHIPS
Average annual
compensation
$69,718Median weekly earnings
$1,026
0% change from preceding year;
median weekly earnings 24% higher
than U.S. median of $825 0%
Average weekly earnings
$1,341
Up 1.4% from preceding year
1.4%
*Compensation statistics are based on a same-stores analysis, following participants over two years of the Study.
1
Based on a limited number of records.
GENERAL MANAGER1
F&I MANAGER SERVICE MANAGER PARTS MANAGER PARTS CONSULTANT SERVICE ADVISOR
2. 2016 DEALERSHIP WORKFORCE STUDY
AUTOMOTIVE RETAIL: NATIONAL & REGIONAL TRENDS IN COMPENSATION, BENEFITS & RETENTION
TURNOVER AND RETENTION
Total turnover increased from 39.3% to 39.6%-still under the private-sector average of 46%. Turnover varied by region and luxury/
non-luxury dealerships; sales consultant position had the highest turnover rate.
DEMOGRAPHICS
Women comprised 18.6% of employees in
new-car dealerships. 18.6%
Women were 20% of new hires.
20%
89.3% in office and administrative support
positions; service advisor and F&I manager
had the highest female ratio among key posi-
tions at 17% and 16% respectively.
89.3%
Female turnover up 2 points to 43%
(male turnover 39%). 43%
Millennials comprised 42% of employees
in new-car dealerships. 42%
Total Millennials employed in U.S.
workforce 34% (estimate). 34%
Millennials were 60% of all new hires—
many in sales consultant and service
technician positions. 60%
Millennial turnover down 2 points to 52%.
52%
WOMEN MILLENNIALS
Enrollment for the 2017 Dealership Workforce Study opens December 14, 2016 at nadaworkforcestudy.com. The 2017 Study closes
April 28, 2017. For questions: WorkforceStudy@nada.org or 800.557.6232.
SALES CONSULTANT
39%
CURRENT NATIONAL
67% 46%
ONE-YEAR RETENTION
71%
THREE-YEAR RETENTION
45%Employees reach
peak productivity at
three years.