CE Pro February 2022 - 43

the survey, the percentage
of integrators that boosted
their off erings for health insurance
(employee only and
family) and dental insurance
rose in 2021. Product
discounts off ered to employees
is another benefi t
that saw more integrators
off ering it last year.
Lower margin on labor
continues to be an increasingly
sour note for the
industry. According to the
survey, integrators report
earning 28.1% profi t on
their labor. That is down
slightly from 28.4% in 2020,
but signifi cantly down from
the much healthier 36.9%
in 2019.
This continuing trend
could be a signal that the
price pressures related to
DIY devices that are fl ooding
the smart home scene
are continuing to force
some CE pros to lower or
maintain their hourly rates
for clients to remain competitive.
Remarkably,
2% of integrators
report they lose
money on their labor. Those
are likely security-based
providers off ering subsidized
entry-level alarm
systems with additional
smart home features tacked
on and multi-year monitoring
agreements. Another 7%
of dealers report they break
even on their labor.
The use of subcontract
labor fell in 2021. According
to the study, 36% of integrators
report they used
subcontract installation
labor last year. That is down
from 46% in 2020. It could
be a sign that integrators
are opting to use their own
staff more for pre-wires
and other installation tasks
perhaps driven by the
pandemic and the lack of a
skilled independent labor
pool. CE Pro
BENEFIT
Paid Vacation
Paid Holidays
Worker's Compensation
Laptop
Paid Sick Leave
Uniforms
Health Insurance - individual
Paid Training/Tuition Reimbursement
Product Discounts
Provide Tools or Tool Reimbursement
401(k) Plan
Cellphone or Cellphone Reimbursement
Trade Show Travel
Paid Certification
Dental Insurance
Vision Insurance
Health Insurance - spouse and family
Paid Bereavement Leave
Company Vehicle Allowance
Life Insurance
Paid Maternity/Paternity Leave
Profit Sharing
Flexible Spending Accounts
Gym Membership Reimbursement
Percent of
CE Pros
Offering
85%
73%
70%
68%
66%
65%
61%
54%
54%
54%
52%
51%
50%
48%
46%
39%
46%
39%
35%
31%
28%
19%
17%
8%
For the most part, employee benefi ts remained unchanged in
2021, but there were slight increases in insurance off erings,
likely as an incentive to attract new employees in the tight
labor pool.
cepro.com February 2022 CE Pro | 43
2021 Employee Benefits Offered
UP
2%
UP
1%
UP
2%
DOWN
8%
http://www.cepro.com

CE Pro February 2022

Table of Contents for the Digital Edition of CE Pro February 2022

CE Pro February 2022 - Presentation Page
CE Pro February 2022 - Cover1
CE Pro February 2022 - Cover2
CE Pro February 2022 - 1
CE Pro February 2022 - 2
CE Pro February 2022 - 3
CE Pro February 2022 - 4
CE Pro February 2022 - 5
CE Pro February 2022 - 6
CE Pro February 2022 - 7
CE Pro February 2022 - 8
CE Pro February 2022 - 9
CE Pro February 2022 - 10
CE Pro February 2022 - 11
CE Pro February 2022 - 12
CE Pro February 2022 - 13
CE Pro February 2022 - 14
CE Pro February 2022 - 15
CE Pro February 2022 - 16
CE Pro February 2022 - 17
CE Pro February 2022 - 18
CE Pro February 2022 - 19
CE Pro February 2022 - 20
CE Pro February 2022 - 21
CE Pro February 2022 - 22
CE Pro February 2022 - 23
CE Pro February 2022 - 24
CE Pro February 2022 - 25
CE Pro February 2022 - 26
CE Pro February 2022 - 27
CE Pro February 2022 - 28
CE Pro February 2022 - 29
CE Pro February 2022 - 30
CE Pro February 2022 - 31
CE Pro February 2022 - 32
CE Pro February 2022 - 33
CE Pro February 2022 - 34
CE Pro February 2022 - 35
CE Pro February 2022 - 36
CE Pro February 2022 - 37
CE Pro February 2022 - 38
CE Pro February 2022 - 39
CE Pro February 2022 - 40
CE Pro February 2022 - 41
CE Pro February 2022 - 42
CE Pro February 2022 - 43
CE Pro February 2022 - 44
CE Pro February 2022 - 45
CE Pro February 2022 - 46
CE Pro February 2022 - 47
CE Pro February 2022 - 48
CE Pro February 2022 - 49
CE Pro February 2022 - 50
CE Pro February 2022 - 51
CE Pro February 2022 - 52
CE Pro February 2022 - 53
CE Pro February 2022 - 54
CE Pro February 2022 - 55
CE Pro February 2022 - 56
CE Pro February 2022 - 57
CE Pro February 2022 - 58
CE Pro February 2022 - 59
CE Pro February 2022 - 60
CE Pro February 2022 - 61
CE Pro February 2022 - 62
CE Pro February 2022 - 63
CE Pro February 2022 - 64
CE Pro February 2022 - Cover3
CE Pro February 2022 - Cover4
https://www.nxtbook.com/emerald/cepro/november_2022
https://www.nxtbook.com/emerald/cepro/october_2022
https://www.nxtbook.com/emerald/cepro/september_2022
https://www.nxtbook.com/emerald/cepro/august_2022
https://www.nxtbook.com/emerald/cepro/july_2022
https://www.nxtbook.com/emerald/cepro/june_2022
https://www.nxtbook.com/emerald/cepro/may_2022
https://www.nxtbook.com/emerald/cepro/april_2022
https://www.nxtbook.com/emerald/cepro/march_2022
https://www.nxtbook.com/emerald/cepro/february_2022
https://www.nxtbook.com/emerald/cepro/january_2022
https://www.nxtbook.com/emerald/cepro/december_2021
https://www.nxtbook.com/emerald/cepro/november_2021
https://www.nxtbook.com/emerald/cepro/october_2021
https://www.nxtbook.com/emerald/cepro/september_2021
https://www.nxtbook.com/emerald/cepro/august_2021
https://www.nxtbook.com/emerald/cepro/july_2021
https://www.nxtbook.com/emerald/cepro/june_2021
https://www.nxtbook.com/emerald/cepro/may_2021
https://www.nxtbook.com/emerald/cepro/cepro_april_2021
https://www.nxtbookmedia.com