Magazine for the car and truck fleet and leasing industry
Issue link: https://autofleet.epubxp.com/i/140727
❲ AUTOMOTIVE FLEET SALARY STATISTICS ❳ $ 77% 77 23% $62,500 MEDIAN SALARY MEDIAN SALARY Compensation Breakdown by Number of Vehicles Managed $72,500 3-5 More than 5 Fleet managers who supervise from three to fve staff members earned a median income of $95,000 (up from 2011 reports of $90,000). The majority of feet managers are male (77 percent) and earn a median income of $77,500 per year. Females make up 23 percent of the industry, and earn a median salary of $62,500. ❯ $77,500 FEMALE ALE E 1-2 $100,000 Compensation Breakdown by Years of Experience $80,000 ❯ $60,000 $40,000 In feet, tenure does have an impact. Fleet managers with more than 20 years $20,000 of experience reported the highest median income — $82,500, down from the $0 $97,500 reported in 2012. More than 20 years 11 to 20 years 6 to10 years 4 to 5 years 0 $82,500 MALE MA MALE None 0 $72,500 Compensation by Gender $0 ❯ ❯ While overall salaries range equally from as low as $30,000 to more than $125,000, most feet managers earn between $70,001-$75,000 and $95,001-$100,000 (9 percent each). The percent of feet managers earning more than $100,000 per year has dropped from 33 percent in 2010, but is still higher than the 17 percent reported in 2008. $95,000 $20,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ,00 5,00 0,00 5,00 0,00 5,00 0,00 5,00 0,00 5,00 0,00 5,00 0,00 5,00 0,00 5,00 0,00 5,00 5,00 ,00 8 8 1 5 5 6 7 0 1 2 9 0 40 7 35 4 2 9 6 2 1-$ 01-$ 01-$ 01-$ 01-$ 01-$ 01-$ 01-$ 01-$ 01-$ 01-$ 01-$ 1-$1 1-$1 1-$1 1-$1 1-$1 1-$1 an $1 1-$ 0 0 0 0 0 0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,00 ,0 ,0 ,0 ,0 80 $85 $90 45 50 5,0 00,0 05,0 10,0 15,0 20,0 re th 35 $40 55 $60 $65 $70 $75 $ $ $ $ $ $9 $1 $1 $1 $1 $1 Mo $92,500 $3 0 0,0 $40,000 $72,500 2% $ $52,500 4% $60,000 $67,500 6% $80,000 $ $52,500 8% 0% $100,000 Salary Breakdown for All Commercial Fleet Managers 10% Compensation by Staff Supervised 1 to 3 years s $100,000 Older than 65 $80,000 Percentage of Fleet Managers by Age $60,000 (2%) 30-34 (3%) $40,000 $97,500 $92,500 $72,500 $75,000 $20,000 $57,500 $57,500 Age 0 UNDER 50 51-150 151-300 501-1,000 ❯ 301-500 MORE THAN 1,000 TOTAL VEHICLES The total number of vehicles managed has a direct correlation to median compensation, with those who manage more than 1,000 vehicles reporting a median income of $97,500. 42 25-29 (3%) AUTOMOTIVE FLEET ❙ 2013 Percentage 61-65 Salary 25-29............. 2% ............. $47,500 30-34............. 3% ............. $62,500 35-40........... 11% ............. $62,500 41-50........... 30% ............. $70,000 51-60........... 43% ............. $92,500 61-65............. 8% ............. $82,500 65+................ 3% ............. $87,500 The majority of feet manager respondents were between the ages of 51 and 60 (43 percent), with a growing number of those in the 35 to 40 and 41 to 50 age ranges. SOURCE: ALL CHARTS AF RESEARCH DEPT. (8%) ❯ 51-60 (43%) 35-40 (11%) 41-50 (30%)