Salaries have dipped at automotive seller teams, BDO survey finds

Employee salaries have dipped barely general at seller teams within the final 12 months, the primary lower in 4 years, based on 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% in the beginning 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 principally because of a fall in incentivised pay by 10%, reflecting the latest monetary challenges throughout the business.

“The most important will increase had been throughout the components and repair departments the place 5% will increase had been discovered. Car departments noticed a fall (-2%) the place incentivised pay makes up the next proportion of the everyday wage for this position.

“Service technicians stay probably the most sought-after position, 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 acquired automotive advantages, in comparison with 57% within the earlier yr’s analysis.

Members within the survey make use of round 18,000 individuals and within the final yr had an estimated workers 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 impression of electrification on individuals and expertise from automotive recruitment consultants Ennis & Co.

The abstract report is out there from BDO.

The total model with the element for all positions is barely out there to members. If you need to take part within the subsequent Wage Survey in 2025 or talk about the report additional contact Chris Bond at BDO.