The Equipment Leasing and Finance Association released a report detailing compensation practices at small and medium-sized equipment leasing and finance companies. The 2021 Small and Medium Enterprise Compensation Survey reveals trends in pay — including salaries, bonuses, benefits and commissions — at bank, captive and independent equipment finance companies.
The report is based on a survey of ELFA member companies conducted by Vault Consulting. A total of 53 companies participated in the survey. The respondents reported 1,175 employees for 19 specialized revenue and support positions, ranging from CEO to collections staff to sales staff. The data are displayed by company type, new business volume, region and market segment.
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!