www.farm-equipment.com/articles/23908-datapoint-payroll-expenses-on-the-rise
DataPoint: Payroll Expenses on the Rise
April 2, 2025
This week’s DataPoint is brought to you by the Dealership Minds Summit. To register and to view the just released program, visit DealershipMindsSummit.com.
According to the 2025 Dealer Business Outlook & Trends Report, the highest percentage of dealers — 45.6— expect their payroll expenses to go up 1-3% this year. Another 39.2% of dealers expect payroll expenses to be up 4-6%, Nearly 30% of dealers said they expect their payroll to be up 7% or more.
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