A retailer’s payroll expense can be a critical variable in whether or not the operation is profitable. The North American Retail Hardware Association’s 2014 Employee Compensation Report provides retailers with guidelines of how other operations handle salaries, benefits and more. Specifically, the report includes information on:
- Average wages by position
- Payroll expense structures
- Insurance and retirement benefits
- Paid vacation and days off
- Employee training allocations
Completed by NRHA’s Retail Research Group, this report is a great tool to provide benchmarks for compensation and is the only inclusive compensation report focused on the independent home improvement industry.
The 2014 Employee Compensation Report is available exclusively to NRHA members.
Not a member? Click here to Join.
To find a full copy of the Employee Compensation Report, click here.