International Cars, Ltd Increases Minimum Wage To $15 Per Hour
Fifteen Percent of Employees Across 6 Automotive Dealerships Received Significant Pay Increase
DANVERS, Mass., Oct. 12, 2018 /PRNewswire/ -- The International Cars, Ltd. family of dealerships announced that it has raised its minimum wage to $15 per hour at all 5 of its Massachusetts and New Hampshire automotive dealerships. This increase in minimum wage affects approximately 15 percent of the company's workforce, mostly in administrative, express technicians, express advisors and lot attendant positions.
International Cars, Ltd. first raised its minimum wage from $11 to $13.50 per hour in July 2017 and committed to investing in its employees once again by raising its minimum wage to $15 per hour in February 2018. The state-mandated minimum wage is $11 per hour in Massachusetts and $7.25 in New Hampshire. This commitment to providing fair and livable wages to all employees will cost International Cars, Ltd. more than $350,000 annually.
"This significant investment in our team will allow us to continue to recruit and retain top talent in the industry, which creates a superior experience for our customers," said CEO Richard Collins. "This investment in our people will not be passed along to our customers. I invite our customers to visit other dealerships because I am confident that we provide the best service and prices in the industry."
The mission of International Cars, Ltd., an employee-owned company, is to serve its community and customers with enthusiasm and pride, each and every day. In order to do this successfully, International Cars, Ltd. had to first extend this commitment to its own employees. In addition to offering industry-leading health and 401K benefit packages, International Cars, Ltd. is now also changing the lives of employees financially.
"International Cars, Ltd. is a fantastic company to work for," said an Attendant at Audi Stratham. "The decision to increase the company minimum wage has directly impacted how I can provide for my family."
For more information on International Cars, Ltd., visit https://www.iclautos.com/careers/
About International Cars, Ltd:
International Cars, Ltd. is an employee-owned company comprised of five New England area dealerships including Audi and Porsche in Stratham, New Hampshire; Dover Honda and Dover Chevrolet in Dover, New Hampshire; and Honda North is located in Danvers, Massachusetts.
Company-wide values focused on ownership, accountability, and high-level customer service and satisfaction are an integral part of employee ownership success. For more information on International Cars, please visit www.iclautos.com.
Contact:
Michael Nadeau
International Cars, Ltd.
(978) 539-5006
[email protected]
SOURCE International Cars, Ltd
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