| |  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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