Equipment Dealers Association releases 2016 Compensation and Benefits Report
The Equipment Dealers Association (EDA) announced on April 12 the release of its 2016 Compensation & Benefits Report. At 120-plus pages, this report is the equipment industry’s most comprehensive collection of data on dealership compensation and benefits. Survey data is collected every two years from agriculture and outdoor power equipment (OPE) dealers across North America.
In 2016, 434 equipment dealers submitted data, the highest participation to date. These dealers represent more than 1,500 dealership locations throughout the United States and Canada. The data collected from the survey was reviewed by industry experts, Armstrong Teasdale, LLP, Scheffel Boyle CPAs and Visor Benefits, which provided their analysis and recommendations.
“This year, we expanded the survey and subsequently the report,” said Joe Dykes, EDA’s VP of industry relations. “Additional wage and benefit questions were added, and we also accounted for differences in management structure. We even included more than 30 job descriptions for dealership personnel. Our 2016 Compensation & Benefits Report is truly a benchmark for dealership owners and human resources personnel in the equipment industry.”
EDA also produces the OPE Compensation & Benefits Report, which will be available later in 2017. EDA said that it appreciates the dealers who participated in this year’s survey. The members who completed the survey will receive a complimentary copy of the report in the mail in the next two weeks. Non-survey participants may order a copy of the report here.
The Compensation & Benefits survey and corresponding report are just one of the services EDA provides its members. EDA encourages equipment dealers and manufacturers to join the association and receive the many benefits of membership. If you have any questions about EDA membership or the 2016 Compensation & Benefits Report, call Joe Dykes at (636) 349-6205 or e-mail him at jdykes@equipmentdealer.org.
