The personal goods repair and maintenance market is one that is expected to grow exponentially within the next few years. This industry encompasses anything having to do within the home, including appliance repair, furniture upholstery, footwear, leather, and garden and landscaping repair. Typically, this industry is segmented into 5 subsections; home and garden, appliances, reupholstery, leather goods, and miscellaneous.
Expanded industry growth can cause expanded problems for employers as a whole. All of this expected growth means there will be a need for more employees to join this industry, so employers will need to get creative when it comes to attracting quality candidates. One of the best ways to do so is for employers to offer an all-inclusive benefits package. Typically, these packages include access to medical, vision, and dental insurance, short-term and long-term disability coverage, the option for a life insurance policy, and plenty of paid vacation.
There are about 22,000 repair and maintenance businesses nationwide, employing 75,000 employees. Businesses in this industry tend to be quite small, with each one only having an average of 3 employees. This is a male-dominated industry, with only 27% of employees identifying as female, with the median employee age being 43.
25% of repair and maintenance employers offer short-term disability insurance, and 19% provide long-term disability insurance. The national average for these metrics is 42% and 34%, respectively.
Almost a third, 32% of these businesses offer life insurance coverage. The national average is 56%.
The household repairs and maintenance industry falls in-line with the national average for providing employee benefits. However, there are many opportunities for employers in this industry to improve their benefits offerings, namely when providing access to medical insurance, paid family leave, consolidated leave plans, and retirement benefits.
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