Dry cleaning and laundry businesses are those who operate and/or tend larger, commercial washing facilities. These professionals clean both industrial and household items, including but not limited to cloth, suede, furs, leathers, draperies, linens, and carpets. This sector can be a bit broad, and some examples of businesses include traveler accommodations, professional dry cleaning services, nursing care facilities, and general medical and surgical hospitals.
The dry cleaning and laundry industry is set to grow exponentially throughout the next few years. As a method to achieve sustainable growth, employers will need to attract dedicated and experienced professionals. One of the best methods to doing this is to offer a benefits package that meets all their employee's needs. A comprehensive benefits plan contains access to medical, vision, and dental insurance, disability coverage, a life insurance policy, and ample days of paid time off.
There are about 34,000 dry cleaning and laundry businesses in the United States. There are 289,000 employees in this female-dominated industry, with an average of 9 employees per organization. The median age of each worker is 42 years old.
25% of dry cleaning and laundry companies 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%.
As a general industry benefits comparison, the dry cleaning and laundry industry falls short when it comes to providing employee benefits. Based on the national average for other industries, dry cleaning and laundry businesses have the potential to ramp up their benefits packages as a way to differentiate themselves from their competitors. When business owners do this, top-quality employees will have more of an incentive to join their teams, and work hard to sustain upcoming industry growth.