Employee salaries have dipped barely general at seller teams within the final 12 months, the primary lower in 4 years, in keeping with the findings of BDO’s annual Motor Wage Survey.
The drop in pay, which excludes administration positions, is regardless of inflation charges remaining above the UK goal, though inflation has fallen to 2.2% from 4.2% initially of 2024.
The common wage for all non-management positions surveyed was £46,917 (2022: £47,344).
BDO’s head of motor retail Chris Bond stated the wage drop is especially because of a fall in incentivised pay by 10%, reflecting the latest monetary challenges throughout the trade.
“The biggest will increase have been throughout the elements and repair departments the place 5% will increase have been discovered. Car departments noticed a fall (-2%) the place incentivised pay makes up a better proportion of the everyday wage for this function.
“Service technicians stay essentially the most sought-after function, although this has not impacted pay as a lot as earlier years the place salaries have elevated by over 10%,” he stated.
Within the newest survey solely 49% of workers obtained automobile advantages, in comparison with 57% within the earlier 12 months’s analysis.
Members within the survey make use of round 18,000 individuals and within the final 12 months had an estimated employees turnover of 29% down barely from final years 31%, though general staffing ranges remained constant.
BDO’s analysis consists of sizzling matters in retention and reward and ideas on the influence of electrification on individuals and abilities from automotive recruitment specialists Ennis & Co.
The abstract report is out there from BDO.
The complete model with the element for all positions is simply out there to individuals. If you need to take part within the subsequent Wage Survey in 2025 or talk about the report additional contact Chris Bond at BDO.
