GNYADA September 2015 Newsletter

EEO-1 Reports Due September 30 Dealers with 100+ employees must file

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If you have 100 or more employees, you must file an annual Employer Information Report (EEO-1) with the Equal Employment Opportunity Commission (EEOC) no later than September 30, 2015. Federal law requires employers to complete this report, categorizing employee infor- mation by race/ethnicity, gender and job category. The data gathered from this report is primarily used to target hiring prac- tices that may discriminate against minorities. It may also be used by the

EEOC, or other local agencies, to enforce federal antidiscrimination laws. How to File Dealers should file their report online using the EEOC’s web-based filing system. If you filed one last year, you should have received notification from the EEOC containing your 2015 password and login ID to access your dealership’s database. Once you complete your dealership’s employment information, you must certify the report.

Dealers should save a copy of the report for their records.

Detailed instructions, FAQs and the report itself can be found at: http://www.eeoc.gov/employers/eeo1 survey /

Association Dealerships Generate $39.6 Billion in Economic Impact, Support 65,000 Jobs

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GNYADA members pumped $39.6 billion into the area economy last year and support one of the largest workforce sectors in the region — this according to the recently released 2015 GNYADA Economic Impact Report . The total includes the sale of over 550,000 new cars worth $33 billion. Dealership operations are responsible for $3.6 billion earned by area resi- dents, and $2.1 billion paid in payroll and real estate taxes. The figure also includes $480 million in capital improvements and $444 million spent on television, print and online advertising. “Our area’s auto dealers are an enor- mously important part of the local and state economy because of the revenue they generate and the jobs they produce,” said Association President Mark Schienberg. “Directly and indirectly, greater New York’s franchised auto dealers provide more

than 65,000 jobs to area residents, and are a key part of the region’s economic growth and development.” “An average dealership employs 90 people. Dealers also purchase more advertising than any other sector, providing a lifeline to many local broadcast, print and online media companies,” said Schienberg. You'll be receiving a copy of the report at your dealership shortly, if you haven't already. In it, you'll find deep analyses of the great fiscal effects that your dealership and others like it are having on the local economy. Also included are reviews of direct and indirect employment, personal income, tax collections generated by area dealers, and a breakdown of dealership financial statistics and operations. The Association thanks all dealers who completed the surveys that contributed to the gathering of this data.

ECONOMIC IMPACT OF FRANCHISED NEW CAR DEALERS in the New York Metropolitan Area

Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • September 2015

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