NTDA Releases Employee Compensation Survey Report
Aug 29, 2007 3:29 PM
The typical independent semi-trailer dealer has sales of more than $14.6 million and pays its CEO a base salary of $90,000 while its employees are offered health benefits and are most likely to have Christmas and Independence Day as paid holidays.
Those findings are part of the recently released National Trailer Dealers Association (NTDA) 2007 Dealer Employee Compensation Survey Report. The Report provides information on participating trailer dealer executive and employee compensation, including salaries, bonuses and sales commissions. It also includes details on fringe benefits such as retirement programs, health insurance and paid time off.
The Report is a guide for trailer dealers that want to know how they compare to other companies through an analysis of pay scales within the industry, employee benefits and sales information. The data can also prove valuable to executives who must prove their compensation is "reasonable" within the constraints of the Internal Revenue Code.
The Profit Planning Group (Boulder, CO) compiled the survey information and analyzed the results for the NTDA.
NTDA participating members received the Report free-of-charge. Nonparticipating NTDA members can purchase the Report for $99 while nonmembers pay $199. For more information, or to order your copy, call, NTDA Membership Manager Jim Hamilton, 1-800-800-4552, ext. 134, or e-mail jimh@ntda.org.
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