Regulations Across Your Dealership: The Sales Team
Dealerships place great emphasis on their salespeople’s engagement and productivity. But this dedication is short-sighted without an equivalent focus on workforce compliance.
Dealerships place great emphasis on their salespeople’s engagement and productivity. But this dedication is short-sighted without an equivalent focus on workforce compliance.
Regulators have sent a clear message to dealerships: “If you mess with your consumers, your employees, or the environment, you mess with us.” It’s another way in which everyone who works for your business stands for the entire organization: their actions—or inactions—can place the whole dealership at risk.
No other part of a dealership can compare to the service department in terms of moving parts. I mean that both figuratively and literally. For as many nuts, bolts, pistons, panels, plugs, and springs your service team handles, there’s an almost equal amount of rules and regulations to follow.
Sales gets the glory, but much of the real credit (pun intended) should go to F&I, for the many regulations they need to know.
Workforce compliance is all connected. Take a look at each department’s obligations, & ask yourself whether every employee at your dealership is up to speed.
According to NADA, the list of compliance regulations that dealerships need to follow tops 85! Add state regulations, and that list gets overwhelming.
Sandy Zannino, our good friend over at Innovative Auto HR stopped by this week to answer the question that’s top of mind for lots of HR teams within dealerships.
In December 2018, the Department of Defense dropped a bombshell (not literally) on the auto finance industry by issuing a new interpretation of the Military Lending Act.
LAFAYETTE, Colo.—August 8, 2018—KPA (“the Company”), a leader in Environmental Health and Safety (EHS) Risk Management, today announced that Providence Equity Partners (“Providence”) has completed its majority investment in the Company. Existing investor CIVC Partners will retain a minority investment…
Acquisition of foremost F&I audit services firm enables leading EHS company to be the single source for automotive compliance LAFAYETTE, Colo.—June 26, 2018—KPA Services, LLC, a leader in Environmental Health and Safety (EHS) Risk Management, announced today the acquisition of…