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ARTICLE · 03 JANUARY 2020

Electric Mustang Is Only A Matter Of Time

Shrinking profit margins as well as the need to attract "risk-averse" young employees are prompting some dealerships to shift — at least in part

CanadaTransport

Flexible compensation lets staff choose

Shrinking profit margins as well as the need to attract "risk-averse" young employees are prompting some dealerships to shift — at least in part — away from commission-based compensation for sales staff, industry experts say. Fleming Ford, head of people and performance at ESiTrends, a Florida consultancy that has worked with the Trillium Automobile Dealers Association (TADA) in Ontario, said the shift to a salary component allows dealerships to compete for talent with other forms of retail.  "People don't like risk anymore," Ford said, referring to millennials and their younger cohorts, Generation Z. "When you don't feel safe, you can be coming across as desperate and not providing that great customer experience dealers are trying to provide." 

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