The Invisible Paycheck: Retention Strategies Beyond Pay [THA 403]
Thanks to our Partners, NAPA TRACS, Auto-Fix Auto Shop Coaching, and Today’s Class
Recorded at the 2024 ASTA Expo, explore key strategies for hiring, compensating, and retaining skilled technicians in the automotive industry. This episode highlights the significance of comprehensive benefits beyond pay.
Joelle Pollak, and Lisa Coyle, Co-Founders, Promotive.
Chris Cloutier, Golden Rule Auto Care and CEO of Autoflow.
Show Notes
- Watch Full Video Episode
- ASTA EXPO: https://astaexpo.com/
- The Talent Pipeline: How to Find and Retain Top Technicians [THA 392]: https://remarkableresults.biz/remarkable-results-radio-podcast/a392/
- Discussion on Technician Wages (00:01:05)
- The Challenge of Salary Expectations (00:02:08)
- Understanding Costs of Hiring Technicians (00:03:15)
- The Concept of the Invisible Paycheck (00:04:15)
- Importance of Communicating Benefits (00:05:17)
- Navigating Market Expectations (00:07:56)
- The Role of Coaching and Support (00:09:08)
- Retention Strategies Beyond Salary (00:10:26)
- The Importance of Small Improvements (00:12:28)
- Survey Insights on Shop Strengths and Weaknesses (00:13:07)
- Challenges of Hiring and Retention (00:14:01)
- The Need for Effective Communication (00:15:53)
- Recruitment Challenges (00:19:26)
- Importance of HR (00:21:04)
- Training as a Benefit (00:26:02)
- Employee Handbooks (00:23:03)
- Perception of Value (00:30:28)
- Work Environment and Culture (00:31:19)
- Addressing Small Issues (00:36:26)
- Annual Review of Benefits (00:39:00)
- Continuous Communication (00:40:31)
Thanks to our Partner, NAPA TRACS
NAPA TRACS will move your shop into the SMS fast lane with onsite training and six days a week of support and local representation. Find NAPA TRACS on the Web at http://napatracs.com/
Thanks to our Partner, Auto-Fix Auto Shop Coaching
Proven Auto Shop Coaching with Results. Over 61 Million in ROI with an Average ROI of 9x. Find Coach Chris Cotton at AutoFix Auto Shop Coaching on the Web at https://autoshopcoaching.com/
Thanks to our Partner, Today’s Class
Optimize training with Today’s Class: In just 5 minutes daily, boost knowledge retention and improve team performance. Find Today’s Class on the web at https://www.todaysclass.com/Connect with the Podcast:
-The Aftermarket Radio Network: https://aftermarketradionetwork.com
-Follow on Facebook: https://www.facebook.com/RemarkableResultsRadioPodcast/
-Join Our Private Facebook Community: https://www.facebook.com/groups/1734687266778976
-Join Our Virtual Toastmasters Club: https://remarkableresults.biz/toastmasters
-Subscribe on YouTube: https://www.youtube.com/carmcapriotto
-Follow on LinkedIn: https://www.linkedin.com/in/carmcapriotto/
-Follow on Instagram: https://www.instagram.com/remarkableresultsradiopodcast/
-Follow on X: https://twitter.com/RResultsBiz
-Visit the Website: https://remarkableresults.biz/
-Join our Insider List: https://remarkableresults.biz/insider
-All books mentioned on our podcasts: https://remarkableresults.biz/books
-Our Classroom page for personal or team learning: https://remarkableresults.biz/classroom
-Buy Me a Coffee: https://www.buymeacoffee.com/carm
-Special episode collections: https://remarkableresults.biz/collections
About the author, Carm Capriotto, AAP
Carm is the founder and host of the Remarkable Results Radio Podcast and the pioneer of automotive aftermarket podcasts. Carm calls on his years of experience in the aftermarket to bring engaging stories from his guests.
Listen to raw, unfiltered, honest, and sincere stories that include insights, trends, best practices, and expertise. Each interview brings an opportunity to learn one new thing through the stories of personal achievement. Many podcast guests tell their story of transformation from working in their business to working on it.
As host of over 1,000 episodes, Carm uses his enthusiasm and passion for the aftermarket especially the service sector to take his listeners on a journey showcasing successful service professionals’ paths to Remarkable Results. He also enjoys interviews with aftermarket industry thought leaders who bring their industry perspectives to his listener.
Follow the podcast on your favorite podcast listening app and always listen to learn just one thing!