Robert W. Baird & Co. and TRSA recently released the results of their Second-Quarter 2023 Uniform & Linen Rental Survey. After an optimistic growth outlook in the first-quarter survey, uniform rental operators were more cautious about growth prospects in the second quarter, while linen rental operators remained in line with recent survey data.
TRSA is encouraging operators to participate in the 2023 TRSA Industry Performance Report (IPR) survey. The IPR survey generates industrywide financial data that provides intel on the linen, uniform and facility services market, allowing members to benchmark themselves within the industry.
Robert W. Baird & Co. and TRSA recently released the results of their Fourth-Quarter 2022 Uniform & Linen Rental Survey. A majority of survey respondents on both the uniform and linen rental side of the business reported revenues meeting or exceeding their expectations in the final quarter of 2022.
TRSA’s recently released Industry Performance Report shows many financial indicators improving to pre-COVID levels. Using 2021 financial data collected from TRSA members on a confidential basis and compiled by the MacKay Research Group, Boulder, CO, the TRSA report is the only industrywide research report that enables operators to compare their income statements, balance sheets, and financial and employee productivity ratios.
Now available for download, the 2022 TRSA Plant Employee Compensation Report provides detailed salary, wage and fringe benefit results for linen, uniform and facility services operators. This year, the survey was revised to include salary and hourly rates in ranges, instead of exact numbers.
Prospects are dubious for restaurant patrons to return to previous high levels of dining in versus carrying out. Dining in is likely to grow from current levels, however, as some defection to takeout subsides and the overall restaurant market grows. A leading consumer trend analyst who advises foodservice operators offered this forecast in a Nov. 1 webinar.
TRSA recently released the results of its annual national safety survey, which demonstrated the linen, uniform and facility services industry continuing to make dramatic progress toward achieving its goal of eliminating occupational injuries and illnesses in its facilities.
TRSA recently conducted the Healthcare Laundry Benchmarking Survey with the goal of providing a valuable business planning tool for healthcare laundry operators and to provide a resource to the healthcare sector. Specific operational, financial and strategic questions were developed by the TRSA Healthcare Committee and TRSA staff leadership in conjunction with the Mackay Research Group, a third-party research firm that conducted the benchmarking survey.
Next month’s Textile Services magazine will include a primer on benchmarking for laundry operations by a pair of consultants, Bob Bowe and Michael Dodge of Performance Matters, Columbia, SC.
TRSA’s Human Resources Committee reviewed the TRSA Plant Employee Compensation study and recommended updates to the survey to make it more current and more likely to be filled out by human resources (HR) departments. For example, revising the survey to include salary and hourly rates in ranges, instead of exact numbers, allows more HR managers to be able to complete the survey.
