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This article originally appeared in the April 2002 Issue of INSIGHT

TrendLine

Employee Benefits Packages


Type of compensation plan(s) for Top Level Body and Paint Technicians 2002 2000
Hourly 39% 40%
Percentage flat rate 26% 32%
Flat rate with techs paid varying dollar amounts 45% 42%
Salary 12% 12%
Percentage of shops offering employee benefit packages 97% 97%
If offered, benefits included in package

Sick days 44% 45%
Vacation time 99% 96%
Medical 94% 93%
Dental 54% 56%
Optical 29% 33%
Life insurance 44% 52%
Retirement fund 71% 55%
Profit sharing 24% 26%
Uniforms 90% 88%
Educational courses 84% 81%
Benefits coverage

Employee only 55% 46%
Family 45% 54%
Average % of health coverage paid by company 77% 77%
Average % of sales allocated to benefits
(excluding FICA and Unemployment Insurance)
7% 13%
% of shops that anticipate expanding fringe benefit package within the next 12 months 17% 12%
Do you feel that employees would prefer more cash in their pay envelopes or expanded benefits?

More cash 82% 73%
Expanded benefits 18% 27%

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