Employee costs continue to be the largest expense in any dealership, accounting for a significant percent of gross profit, and with market pressures on margins, expense management is critical to sustained profitability.
The BDO Motor Salary Survey provides a useful tool to help management evaluate their costs against national averages and similar businesses to their own.
This survey includes data from over 150 legal entities that together operate 353 dealership sites. They range from single site dealership companies to large publicly listed dealership groups. The remuneration details obtained cover 27 dealership positions.
Click here for analysis of the 2022 findings, including commentary from BDO.
Average pay (£) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Average base salary for all positions (£)
YoY % diff |
£47,500
7% |
£44,400
6.2% |
£41,800
5.2% |
£39,750
10.4% |
£36,000
-2.5% |
£36,889
6.9% |
£34,500
-1.4% |
£35,000
9.4% |
£32,000
10.3% |
£29,000
|
|
Average commission (£)
Average commission (%) |
£18,700
4% |
£18,000
33% |
£13,500
25% |
£13,000
25% |
£15,250
30% |
£17,256
30% |
£14,000
30% |
£14,000
30% |
£8,000
20% |
£10,900
|
Executive pay (£) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Managing director/CEO
YoY % diff |
£318,000
-28% |
£407,000
49.6% |
£272,000
-0.4% |
£273,000
29.4% |
£211,000
-17.1% |
£247,000
19.3% |
£207,000
-0.5% |
£208,000
14.9% |
£181,000
39.2% |
£130,000
|
|
Finance director
YoY % diff |
£219,000
-15.1% |
£252,000
64.7% |
£153,000
-6.5% |
£163,000
-9.2% |
£178,000
17.9% |
£151,000
4.9% |
£144,000
2.9% |
£140,000
1.4% |
£138,000
19% |
£116,000
|
|
Dealer principal
YoY % diff |
£127,000
-16.5% |
£148,000
27.6% |
£116,000
16% |
£100,000
3.1% |
£97,000
-14.4% |
£111,000
6.7% |
£104,000
-11.5% |
£116,000
23.4% |
£94,000
3.3% |
£91,000
|
|
Average salary excluding key executives
YoY % diff |
£47,300
-3.6% |
£49,000
19.5% |
£41,000
5.1% |
£39,000
-2.6% |
£40,000
|
£40,000
2.6% |
£39,000
5.4% |
£37,000
8.8% |
£34,000
6.3% |
£32,000
|
Headline data per department (£) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Vehicles
YoY % diff |
£66,700
4.2% |
£64,000
14.3% |
£56,000
|
£56,000
-1.8% |
£57,000
-3.1% |
£58,750
4.7% |
£56,100
0.2% |
£56,000
9.8% |
£51,000
10.3% |
£46,250
|
|
Parts
YoY % diff |
£33,400
7.7% |
£31,000
5.1% |
£29,500
5.4% |
£28,000
1.8% |
£27,500
-9.1% |
£30,000
5.3% |
£28,500
3.6% |
£27,500
1.9% |
£27,000
3.8% |
£26,000
|
|
Service
YoY % diff |
£39,000
9.2% |
£35,700
2.7% |
£34,750
10.3% |
£31,500
-4% |
£32,750
|
£32,750
4% |
£31,500
5% |
£30,000
3.4% |
£29,000
5.5% |
£27,500
|
|
Administration
YoY % diff |
£36,700
7.6% |
£34,100
4.1% |
£32,750
5.6% |
£31,000
1.6% |
£30,500
-4.9% |
£32,000
1.6% |
£31,500
|
£31,500
5% |
£30,000
6.2% |
£28,250
|
Staff turnover & average working hours | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Average dealership all staff turnover (yrs)
Average dealership executive staff turnover |
8yrs
8 |
9yrs
9 |
9yrs
9 |
9yrs
9 |
7yrs
8 |
8yrs
10 |
7yrs
10 |
7yrs
10 |
7yrs
10 |
8yrs
10 |
|
Average number of hours worked per dealership employee per week (all staff)
Average holiday entitlement per dealership employee per annum (all staff) |
42hrs
24 |
42hrs
24 |
41hrs
24 |
41hrs
24 |
41hrs
24 |
41hrs
24 |
41hrs
26 |
42hrs
24 |
42hrs
24 |
42hrs
24 |
The full version of the report with the detail for all positions is only available to participants.
If you would like to take part in the next BDO Motor Salary Survey, discuss the findings further or talk with us about any wider sector issues, please contact steve.lebas@bdo.co.uk.