Asbury Automotive Group Focuses on Frontline
Feb. 5, 2019—Asbury Automotive Group announced Monday that is has rolled out new healthcare and stock ownership programs for its employees. The programs are part of the company's plan to focus on frontline rolls in fixed operations and sales.
Starting in 2019, Asbury Automotive Group will pay the weekly employee healthcare premium for the base health plan option on behalf of eligible A and B level technicians, body shop technicians, painters and foremen. The company's base health plan payment can be applied toward other health plans that the company offers. Eligible sales advisors, service advisors and body shop estimators are also offered the same opportunity.
The new year also marked the beginning of the performance year for Asbury's new frontline equity program, called the Asbury Owners Club. A and B level technicians, sales and service advisors, body shop technicians, painters and estimators, with at least one year of tenure, are eligible to earn an equity grant if they reach individual performance targets. The awards are expected to be made in the form of restricted stock units and will vest on a three-year schedule.