Support builds for CADA Workforce Study
January 8, 2024
When more dealers share their anonymous salary and employment data by enrolling in the 2024 CADA Workforce Study, the more accurate the figures are for the rest of the dealer body.
“It’s a classic example of giving a little and getting a lot back,” said Tim Reuss, CADA President and CEO. “All dealers benefit from knowing the salaries for key positions, and other key data such as employee turnover, retention and benefits. Participating dealers get the added bonus of seeing data from their region that might be even more relevant for them, which can help them to set their dealership’s pay structure.”
To enroll in the study, dealers can simply visit: cadaworkforcestudy.com/ and anonymously upload payroll data. In many cases it can be done automatically through the dealership’s payroll system. Enrollment is now open and closes March 31, 2024.
“All individual dealership payroll information will remain protected and confidential. All data will be aggregated and averaged,” said Brigette Goldenshtein, CADA’s Communications Coordinator, and a project lead for the CADA Workforce Study, adding that the study is supported by an exclusive sponsorship with MNP, which provides accounting, tax and business consulting for dealerships.
To help urge more dealership participation, provincial dealer association leaders are also promoting the study to their members. "This study really helps Nova Scotia dealers get a clearer sense of the salaries, employee turnover and other key factors impacting their business," said John Sutherland, Executive Vice President Nova Scotia Automobile Dealers Association. "Being competitive in auto retail means having the best team, and with better insights about the local market, dealers can better position themselves for success."
It’s a similar story in Québec: “Dealerships will benefit greatly from knowing the salaries for key dealership positions, and other labour market info for our province," said Ian P. Sam Yue Chi, President and Chief Executive Officer of the Corporation des concessionnaires d’automobiles du Québec (CCAQ). "That's why the CCAQ is encouraging our members to submit their anonymous and confidential data to CADA to help them prepare a national workforce study.”
And on the far western side of the country, the head of the BC dealer association is also a big fan of the study and is calling on his members to enroll. "We encourage our dealer members in B.C. to participate in this important study," said Blair Qualey, President and CEO of the New Car Dealers Association of BC (NCDA). "By confidentially sharing your dealership's data, it creates a much more accurate snapshot of the labour situation in dealerships in Canada — and locally here in B.C. This data is invaluable in helping dealerships understand the forces impacting their local labour market."