MRAA Releases 2022 Compensation Study Results
The Marine Retailers Association of the Americas released its 2022 Compensation Study results, which detail the pay ranges for 37 common positions from five job families: front office, sales, service, parts and accessories and marina.
More than 980 position-level responses were collected from 103 retail locations for the report, which was created in response to an industry-driven desire to identify staffing and compensation trends for dealership employees across North America.
“Persistent workforce challenges throughout the marine industry mandate that our dealers think about and approach hiring and retention in all-new ways, based on the trends and data impacting today’s marketplace,” MRAA president Matt Gruhn said in a statement. “MRAA’s updated Compensation Study helps dealers make the best decisions possible on compensation levels and programs, as well as the benefits they offer their teams.”
The 36-page report reveals insights into salary and hourly compensation ranges for the 37 job descriptions. (When MRAA released similar study results in 2017, 35 positions were reported.)
This year’s report also looks at benefits offered at retail operations, year-over-year compensation increases, additional cash compensation packages, and more. It also breaks down compensation by 25th, 50th and 75th percentiles.
The complete report can be purchased for $299. MRAA retail and partner members receive a $50 discount if they are logged in upon purchase.
The report can be purchased here.