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%
Creative Compensation
Small- and medium-sized shops sometimes can’t match the attractive benefits packages that larger shops or franchises offer. To level the playing field, survey respondents reported offering these perks:
Parts at cost
Shoe/boot allowance
Quarterly sales bonus
Accident insurance
Evening and weekend access to work on personal vehicles (with permission)
Our dedicated Valvoline Trusted Advisor Sales and Support Team provides hands-on classroom and targeted in-store coaching to help your employees become more skilled at selling...
Reinvigorate your team and business success behind Valvoline's proven strategy that helps separate your business from competitors and create meaningful growth in sales and customer...
