Retention starts by providing your team with benefits that incentivize work and offer peace of mind. According to the 2024 Ratchet+Wrench Industry Survey Report the following are the most common benefits shop owners reported to offer, but some shop owners also find creative ways to compensate employees:
Vacation days: 91%
Uniforms: 83%
Sick days: 72%
Training reimbursement: 65%
Health insurance: 68%
Retirement plan/401(k): 60%
Disability insurance: 35%
Life insurance: 22%
Equipment reimbursement: 20%
Parental leave: 29%
