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Turning Over Turnover

October 01, 2008
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For any business, employee turnover wastes time and costs both money and customers. But tire dealers and store managers don’t have to stand by powerless watching employees come and go. There are several things you can do to reduce turnover rates.

• Use care during the hiring process. When interviewing a candidate, think of your best past and present employees. Consider the qualities and skills they brought to the job. This information can help you construct effective and meaningful questions to ask. Look for indications that applicants can do the job, will fit into your environment and will act the way you need them to act. Ask candidates what they learned from their formal and informal training and what they did with this knowledge. Ask about their biggest challenges. Tell them to describe their previous boss or former instructor. Query them on the type of environment they see themselves working in, what kind of manager or company is attractive to them and what daily work activities they enjoy doing.

• Review the attractiveness of your dealership as a potential employee. Tire sales and servicing, for the most part, are low-paid positions. Money isn’t everything, but it has to be considered. Look at other means you might have for employees to increase their incomes. Commission programs, bonus plans or performance incentives can motivate employees. If such programs are cost-prohibitive, consider alternatives, such as scheduling flexibility, discounts or on-going training. These benefits can be very attractive to employees and can be great tools for reducing turnover.

• Continually show appreciation and give recognition to your current employees for their hard work; keep employees informed about the business and its goals; conduct regular and written performance reviews; and be familiar with your employees’ career goals.

• Try to offer some form of medical benefits. Affordable health plans for small companies do exist, and even minimal benefits are attractive to employees.

• Always keep employees informed, educated and, importantly, challenged.

- Source: Tire Review Business Toolbox