Supercharge your employee retention strategy with smarter signing bonuses.

Traditional signing and retention bonuses aren’t working to attract and retain your top talent, but they could.  With Keep, expect 4X the results of your current practices. 

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The challenge

Traditional compensation is no longer attracting and retaining talent

Today’s business environments – with rapidly changing employee behavior, unprecedented resignations and evolving socio-economic conditions – have rendered traditional recruiting and retention methods ineffective.

Many companies are competing for the same pool of candidates, leading to increased competition and difficulty securing workers - especially for dealerships and automotive companies that often require skilled labor. 

It’s time for an innovative approach to recruiting, engagement, and retention. 


High Turnover

A survey conducted by Deloitte found that 71% of automotive executives identified attracting and retaining skilled talent as their top business challenge.

The same survey reported that turnover rates among skilled automotive manufacturing workers averaged around 4.4% in 2020.


Upskilling Need

A survey by the World Economic Forum highlighted that by 2025, 85 million jobs may be displaced globally due to automation and artificial intelligence. 

The auto industry is facing a shortage of skilled labor, a need for talent retention, and adaptation to changing skill requirements.


Labor Shortage

According to a study by the Center for Automotive Research (CAR), the U.S. automotive industry is projected to face a shortage of approximately 46,000 automotive technicians by 2026.

The same study estimated that the industry will need to fill around 25,000 engineering positions by 2026, but the availability of qualified engineering talent is expected to fall short.

Traditional retention-based compensation creates administrative headaches and unnecessary expense



Clawbacks are expensive to enforce and many end up unenforceable.

Tax Complexities

Paying taxes up front leads to countless hours wasted on preventable W2 corrections.

Manual Tracking

Many track sign-on and retention bonuses manually, making automation and scalable edits difficult.

71% of automotive executives identified attracting and retaining skilled talent as their top business challenge.


The solution

Custom, scalable sign-on and retention bonuses

Keep Financial gives you a flexible compensation platform to offer, send, and manage your sign-on, retention, and performance-based bonuses. With Keep, you can improve your recruiting, retention, and performance through a fully digital, automated platform to deliver upfront compensation earned over time.


Automate compensation

A fully automated system to deliver upfront compensation tied to time-based and performance-based vesting

Track milestones

Enable employees and employers to track & celebrate milestones

Improve finances

Improve providers’ credit and help remove their financial roadblocks

Flexible and modifiable

Include flexible components like performance challenges, easily modify arrangements

Optimize cash flow

Optimize cash flow & AR management, defer taxes & automate collections

Reduce manual effort

Save time and money by automating manual tasks like bonus tracking, clawbacks, W2 corrections, and more.

Woman smiling, pensive

Keep Financial features

  • Turn-key product and no IT support required

  • Bonus dashboard with employer and employee views

  • Employee self-service portal to view milestones and withdraw bonus

  • Governance and compliance built-in

  • Finance-friendly, with robust auditing and reconciliation features 

“Keep has been an important tool in our employee retention program at Bestow, and we’re eager to utilize Keep Performing to better align performance objectives with significant compensation events.”

Claire Martin | CFO at Bestow Inc.

See Keep in action.