2010 Fleet Manager and Fleet Director Compensation Survey
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1 2010 Fleet Manager and Fleet Director Compensation Survey Over 200 Fleet Managers and Fleet Directors from 42 states and Canada participated in this survey effort. 82% of participants are Fleet Managers and 18% are Fleet Directors. The survey analyzed the 2010 average salary for a Fleet Manager and Fleet Director and the driving factors that contribute to earning a specific annual salary. This report highlights these factors as well as any changes in 2010 salaries compared to 2009.
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3 Annual Salary More than 50% of Fleet Manager and Fleet Director annual salaries remained the same from 2009 to Nearly 40% of salaries increased from 2009 to % 39% 10% Remain the Same Increase Decrease 2010 Average Salaries 2010 Fleet Manager $83,631 Fleet Director $103,723 Fleet Manager & Fleet Director (Combined) $87,284 Page 3 FleetAnswers.com Fall 2010
4 Demographics: Gender 11% of Fleet Managers and Fleet Directors are Female; 89% are Male. 11% 89% Male Female Average Salary: By Gender 1 Fleet Manager Fleet Director Male $86,039 $105,251 Female $63,094 $91, % of female Fleet Managers have a high school degree as the highest level of education attained versus 26% of male Fleet Managers that have a high school degree as the highest level of education attained. Page 4 FleetAnswers.com Fall 2010
5 Demographics: Age 1 out of 4 Fleet Managers and Fleet Directors are between 46 and 50 years of age. Nearly 70% of Fleet Managers and Fleet Directors are between 46 and 55 years of age. 25% 20% 22% 14% 8% 3% 4% Demographics: Region Fleet Managers and Fleet Directors on the West Coast are earning the highest salaries compared to other regions in the U.S.. Average Salary: By Region Pacific Region $99,289 Mountain Region $82,814 Central Region $81,467 Eastern Region $83,834 2 Each state was categorized into a region based on the four major time zones: Pacific, Mountain, Central and Eastern. Page 5 FleetAnswers.com Fall 2010
6 Industry 32% of respondents are utility fleet professionals, while city fleet professionals account for 24% of respondents. Private, 4% Federal, 2% County, 12% State, 10% Other, 15% City, 24% Utility, 32% Utility City Other County State Private Federal Average Salary: By Industry Utility City County Fleet Manager $100,797 $82,196 $83,402 Fleet Director $125,654 $93,417 Insufficient Data Page 6 FleetAnswers.com Fall 2010
7 Years of Experience 17% of Fleet Managers and Fleet Directors have more than 25 years of fleet management experience. 39% have less than 10 years of experience. Average Fleet Manager Salary: By Years of Fleet Management Experience 1-9 years years years 31 or more years Fleet Manager $78,072 $84,996 $89,878 $93, years 17% 5-9 years 22% years 17% years 13% years years 11% 10% 31 or more years 7% Certification 18% of Fleet Managers and Fleet Directors have obtained a fleet certification. However, based on the collected responses, it appears that fleet certification has little to no impact on annual salary. Page 7 FleetAnswers.com Fall 2010
8 Education 32% of Fleet Managers and Fleet Directors have completed a Bachelor s Degree as their highest level of education attained. 16% of Fleet Managers and Fleet Directors have completed a Master s Degree as their highest level of education attained. 32% 25% 17% 16% 8% Bachelor's Degree High School Degree Associate Degree Master's Degree Trade School Average Salary: By Highest Level of Education Attained High School Degree Bachelor s Degree Master s Degree Fleet Manager $74,139 $82,673 $91,180 Fleet Director $87,666 $93,00 $109,327 Page 8 FleetAnswers.com Fall 2010
9 Management Scope: Responsibilities 35% of Fleet Managers and Fleet Directors are responsible for organizations and departments other than fleet. 56% of Fleet Managers and Fleet Directors do not manage bargaining unit employees. 44% of Fleet Managers and Fleet Directors do manage bargaining unit employees. Management Scope: Number of Vehicles in Fleet 35% of managed fleets include 500 vehicles or less 24% of managed fleets include 1, vehicles 3% of managed fleets include more than 10,000 vehicles Average Salary: By Number of Vehicles in the Fleet Managed ,501-4,000 4,001-9,000 Over 9,000 Fleet Manager $72,524 $82,891 $93,177 $113,323 Insufficient Data 3 Fleet Director $84, 725 $94,763 $104,858 $135,125 Insufficient Data 4 Management Scope: Number of Operating Locations 68% of fleets have 1-10 operating locations 17% of fleets have operating locations 15% of fleets have more than 30 operating locations Average Salary: By Number of Operating Locations 1 to to or more Fleet Manager $81,040 $94,764 $83,180 Fleet Director $92,799 $114,657 $127,124 3 Sample size was too small to produce Fleet Manager averages for fleet sizes exceeding 9,000 vehicles. 4 Sample size was too small to produce Fleet Director averages for fleet sizes exceeding 9,000 vehicles. Page 9 FleetAnswers.com Fall 2010
10 Management Scope: Number of Direct Reports 45% of Fleet Managers and Fleet Directors have 4 to 7 Direct Reports. 35% 45% 20% 1 to 3 4 to 7 More than 8 Average Salary: By Number of Direct Reports More than 8 Fleet Manager $78,072 $84,996 $89,878 Management Scope: Number of People in Organization Average Salary: By Number of People in Organization or more Fleet Manager $76,614 $93,064 $95,789 $100,815 Fleet Director $88,901 $94,548 $114,500 $150,417 5 Average Fleet Manager salary based on 150 Fleet Managers. Insufficient data for Fleet Director average salary. 6 Number of people in organization that the Fleet Manager or Fleet Director is responsible for. Page 10 FleetAnswers.com Fall 2010
11 Compensation: Benefits 7 Over 80% of Fleet Managers and Fleet Directors receive Medical, Life and Dental Insurance. 88% 84% 81% 67% 55% 46% 16% Compensation: Incentives 8 34% of Fleet Managers and Fleet Directors do receive performance based compensation incentives in addition to their annual salary. 66% of Fleet Managers and Fleet Directors do not receive performance based compensation incentives in addition to their annual salary. 7 Benefits received in addition to an annual salary. 8 Incentives received in addition to an annual salary. Page 11 FleetAnswers.com Fall 2010
12 Compensation: Incentives (continued) Similar to the 2010 average salary, which remained the same for 50% of Fleet Managers and Fleet Directors, it was reported that 50% of incentive based compensation amounts remained the same from 2009 to % 25% 24% Remain the Same Decrease Increase 75% of Fleet Managers and Fleet Directors that receive incentive based compensation reported it amounts to up to 15% of their annual salary. 32% 24% 19% 7% 6% 3% 9% Page 12 FleetAnswers.com Fall 2010
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