Salaries in the automotive industry can vary and aside from the base pay, you'll also want to consider other forms of payment such as bonuses, 401K options and employee discounts. All of these work hand in hand to create the overall compensation you offer to your employees.
Prior to automotive salaries tools, auto industry wages were separate from the other benefits and not considered a part of an employee's total compensation package. By utilizing automotive salary tools, you can determine exactly how much total compensation you're offering each employee. Some of the things you want to look for are highlighted below.
1. The various features of the auto industry salaries tool
2. The ease with which the program will work with existing office programs
3. The amount of online support offered with the program
Action Steps
The best contacts and resources to help you get it done
Select the program that reflects automotive industry compensation
Search for a comprehensive tool that includes automotive salaries guides and allows for incentive programs and other benefits to be compiled into a total compensation package. In addition to the total compensation, you also want to look for a tool that allows you to save your individual searches and also allows you to search various geographical areas. This could prove vital when hiring someone from another location in determining what to offer.
I recommend: Automotive industry pay tools such as
Vault allow you to customize your membership level while accessing job surveys and automotive pay scales by location or by dealership while
Actek Inc. lets you customize details like commission plans.
Choose an automotive industry salaries tool that is compatible with the programs you currently use
While you may find tools that offer you all sorts of fun and fancy gadgets, if it doesn't work with the office systems you currently run, it isn't likely to be beneficial to you or your employees. Instead, search out a program that works with your computer systems and office programs to make the transition a natural one rather than a nightmare.
I recommend: AutomotiveProfit.com and
Vue Software both work with the Microsoft Office products you're most likely currently running. A fully integrated system will make it easier for everyone to learn to use the new program and insure it won't detract from that which you're familiar with now.
Look for an automotive industry pay tool that offers superior online support
Find the auto industry salaries tool that comes with the most online support. More than just the standard FAQ's, find one that meets your needs by offering online training, free tutorials or free conference calls for your staff to participate in.
I recommend: Consider Economic Research Institute's wide array of
online training and technical support. It'll help you and your staff make the best decisions regarding your automotive industry salaries while providing you the online resources you need to succeed.
HiringWinners also offers online classes to help you succeed.
Tips & Tactics
Helpful advice for making the most of this Guide
- Before committing to an automotive salary tool, consider a free trial period during which you can use part or all of the program to determine if it fits your particular needs.
The official source of Automotive Salary Tools is
the Automotive Salary Tools page at Business.com
Related Resources from Business.com
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