Pulse May 2020 | Page 29

That number also rose among the resort/hotel sector, from 57 percent to 67 percent. Although employees of resort/hotel spas continue to earn more, on average, than their counterparts in other types of spas, it seems clear that compensation levels across the industry are more robust than ever. In addition, the shift toward straight hourly pay plus a commission on services for estheticians, massage therapists and nail technicians signals a significant increase in potential earning power for those groups. Given the broad economic recovery since the Great On one hand, the industry’s overall growth to more than $18 billion in 2018 and the record number of both spas in operation (22,160) and spa visits (190 million) that year suggest that the industry is booming despite an estimated 28,420 unstaffed service provider positions. On the other hand, the high level of demand we pre- viously saw for skilled, experienced service providers may explain why estheticians, massage therapists and nail technicians are commanding higher wages. Although those wages are certainly attractive to service providers, reducing the number of unstaffed positions re- Recession and the corresponding increase in spa visits and revenues, a rise in wages and earning potential for spa employees is perhaps not surprising. However, it never hurts to sprinkle in a bit of caution among the good news. Across the spa industry, the large number of unstaffed positions may remain a source of concern, even after the COVID-19 pandemic subsides. mains a key component of maintaining the overall health of the spa industry. Given the steady rise in demand for spa services in the U.S. and beyond (indicated by the rise in number of visits and industry revenue), an ideal out- come—one that sees the number of unstaffed positions drop without a decline in wages, is still possible. n 2014 VS. 2019 COMPENSATION 98% 94% RAISE IN 2019 RAISE IN 2019 96% RAISE IN 2019 81% RAISE IN 2019 74% 2 RAISE IN 2019 38% RAISE IN 2019 IN 2014 86% IN 2014 45% of full-time spa directors in of full-time spa directors in resort/hotel earned more than day spas earned more than $60,000 $60,000 IN 2014 IN 2014 IN 2014 IN 2014 of spa managers earned more than of estheticians earned more than of massage therapists earned more than of nail technicians earned more than $50,000 $30,000 $30,000 $30,000 27% 73% 70% 54% 1 Figures represent averages across all spa types. 2 Figures for full-time estheticians, massage therapists, and nail technicians only (gratuities included). MAY 2020 ■ PULSE 21