The Electronic Repair and Installation Industry Employment Summary

There are about 13,000 electronic installer and repair companies in the United States, employing 100,000 employees. Businesses in this industry are rather small, with each organization only having an average of 8 employees. This is a male-dominated industry, with only 18% of employees identifying as female, and the median employee age is 43 years old.

Electronic Repair Shops Industry Benefits Comparison

What percent of electronic repair shops offer medical insurance?

• 49% of electronic repair shops offer their employees access to medical insurance. This is well under the national average of 69%.
• These businesses provide an average monthly employer premium of $1,043 for family coverage. This is slightly below the national average of $1,121.
• They also provide an average monthly employer premium of $502 for individual coverage. This is slightly over the national average of $456.

What percent of electronic repair shops offer short and/or long-term disability insurance?

25% of electronic repair shops offer short-term disability insurance, and 19% provide long-term disability insurance. The national average for these metrics is 42% and 34%, respectively.

What percent of electronic repair shops offer life insurance?

Almost a third, 32% of these businesses offer life insurance coverage. The national average is 56%.

Do electronic repair shops provide access to paid family leave?

• 14% provide access to paid family leave, which is under the national average of 20%.
• Unpaid family leave is offered 87% of the time, which is just under the national average of 88%.
• Consolidated leave plans are used in 44% of businesses, in line with the national average.

Summary

As a general industry benefits comparison, the electronic repair and installation industry falls just in-line with the national industry standard of providing comprehensive employee benefits. There is a large opportunity for this industry to ramp up its benefits offerings, and when business owners do so, they will attract high-quality and experienced professionals to their teams. Due to the high risks associated with this job, providing employee benefits is a must.

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