You have multiple misconceptions. This is one of them. I know for a fact what the company I work for does. So while you may think it’s low and incorrect, I can assure you, it is reality.
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You have multiple misconceptions. This is one of them. I know for a fact what the company I work for does. So while you may think it’s low and incorrect, I can assure you, it is reality.
Just stating the margins are very low for labor. It generally doesn’t matter what type of labor (installation or repair) or what industry. Generally speaking labor margins are 50-65%. Yes. These are generalizations, which is what I have to use without knowing specifics of type of labor/industry
You nor I can control what your company charges out for labor prices. But labor margins of what you quoted are far below normal labor standards, generally speaking
The plumbers and electricians would be non. Mechanics, where I Managed were non. The John Deere, CIH the truck shops I’ve never asked. They are good sized but doubt they are union.
I could text my wife’s BIL, he oversees a large HVAC company in Tempe that is union but I believe you and don’t care enough. I wasn’t questioning you, it just seemed tight by the time you throw in mileage, equipment and other expenses.
I agree and was as surprised as you, but I suppose to keep competitive with non-union they have to do that
What is killing bids in the Ag world is that you have 2 groups doing 90% of the general labor construction, remodel and such. You have the guys hiring the Visa workers and they have to show everything to the government and toe the line hard.
You then have the “other” group if you know what I mean. The second group will bid things somewhat often. The first fights it tooth and nail knowing the margin is tight and if they have a poor group show up, they could lose money on the bid.
Damn I am $60k higher than you hen I started at my current company 8 years ago. What’s taken you so long?
How does it feel to be the hardest worker on this thread!?
I can’t even try to fake that honor. All you gotta do is look at my post count.
He said he's 90k higher than 19yrs ago, I don't think he's said his current salary anywhere. Unless you know him personally. Maybe you're his manager!
I'm up about 50k from 2 yrs ago. Speed up boys.
Damnit. Like usual I screw up the punchline of my burn/joke.
I am $60k higher than when I started eight years ago.
Well you can't just leave us hanging with who gets the honor of being ignored.