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ABBRA releases annual compensation survey

The American Boat Builders & Repairers Association announced that the results of its 2013 Compensation and Benefits Survey are now available.

The report, “ABBRA Compensation and Benefits Benchmark Study,” is meant to serve as a resource for employers in the boatyard, marine service and repair sectors to gauge rates, salaries and benefits in the employment market. The survey also helps ensure that employees and independent contractors are obtaining the correct compensation for their work.

“Our goals this year were to conduct a more robust survey, increasing the response rate over previous years, and we were able to achieve both of those goals,” ABBRA executive director Gordon Connell said in a statement.

“What we see in the survey results is that wages in 2012 recorded minimal increases, or in some business size segments no increases, compared to the prior year. Additionally, it was revealing in our greater effort to compile and analyze the trends and common practices in health benefits, retirement benefits and vacation policies that there is great variation across the board, but particularly with the smaller boatyards.”

Survey data were collected from ABBRA members nationwide, along with local marine trade associations’ members and additional participants from the marina and boatyard industry.

The Compensation and Benefits Benchmark Study is available at no cost to businesses that provided data for this year’s survey. The survey is available for purchase at $85 for ABBRA members and $150 for non-members. Further information is available by emailing ABBRA at info@abbra.org or calling (954) 654-7821.

Click here for the full release.

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