bonus payments
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Car Dealer News 14 AprSandicliffe issues special bonus to help staff with rising living costs
Family-owned franchised dealer group Sandicliffe has informed its staff they will receive a special payment of £500 in April to help them cope with the rising costs of living.
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Manufacturer 29 MarPeugeot violated competition law with franchisee, Austria court rules
The Austrian Supreme Cartel Court has banned Peugeot from tying dealers payments to customer satisfaction surveys and from subsidising vehicle prices sold at its manufacturer-owned sales outlets.
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Car Dealer News 29 JunLookers fraud probe reveals £19m accounts ‘black hole’ amassed over several years
The investigation into fraud at Lookers has exposed a £19 million ‘black hole’ resulting from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
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Talent & People 4 MayHow car dealers can look beyond the bonus
Motivational incentives such as holidays, nights out, office perks or even charity work can pay dividends for car dealers
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Talent & People 27 SepCar dealers increase experiments in sales staff pay models
More UK car dealer groups are trialling product geniuses, higher basic pay or lower bonuses.
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Retailing 16 AugHow car dealers can recognise and reward employees
Bonuses, holidays, or a handwritten note of thanks? Finding the right way to recognise your dealership employees’ contribution is vital
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Dealer Management 21 Jun
Executive pay soars as lower salaries stagnate
Average chief executive’s pay jumps 39% and finance director salaries increase 19% to five-year high as average motor retail wages increase by 2.6%.
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Finance 14 Oct
Time is running out on manufacturer incentives, says Close Motor Finance
Close Brothers Motor Finance CEO James Broadhead believes dealers need to prepare for an end to the “golden scenario” of strong manufacturer incentives.
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