The International Cars, Ltd. family of dealerships has raised its minimum wage to $15 per hour at all of its Massachusetts and New Hampshire automotive dealerships. According to a statement, the 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. is an employee-owned company comprised of five New England area dealerships including Audi and Porsche in Stratham, Dover Honda and Dover Chevrolet in Dover, and Honda North in Danvers, Massachusetts.
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," says 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."