What Will 2024 Bring?
Vulnerable to Unionization Efforts Dealerships will need to be mindful of employee concerns regarding pay, staffing, and scheduling flexibility given relaxed recognition and quickie election rules that will leave dealerships susceptible to union campaigns like never before. Data Privacy Will Remain a Critical Field Given the trends we’ve seen in the data privacy field, it should come as no surprise that data privacy compliance will remain a point of emphasis for dealerships in the new year. Your industry regularly handles reams of sensitive customer and employee information, putting you in the crosshairs for potential mishaps and heightened scrutiny.
AI Focus Revolution in Labor and Employment
Artificial intelligence will help workplace law compliance and human resources functions reach a new level in the next year and beyond in auto dealerships. It can help automate HR processes and ensure legal compliance by monitoring working hours, managing leave requests, and ensuring fair labor practices. It can enable a more sophisticated employee performance analysis, tracking sales performance, customer interactions, and other key metrics to provide insights into employee effectiveness, training needs, and potential promotions or reassignments. And of course it can efficiently screen candidates, analyzing their fit for various roles and reducing biases in hiring decisions. Predictive Labor Demand Forecasting Focusing even more deeply on one other area, AI can help dealerships predict staffing needs based on foot and web traffic, sales trends, and other factors. This can help your business in planning work schedules, hiring temporary staff during peak periods, and ensuring compliance with workplace laws related to working hours and overtime.
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