• November 22, 2021 at 9:22 am #122111
    Tom Ham
    Participant

    ShopHow do you determine if your labor rates are where they should be in our fast-changing economy?

    Not too hot. Not too cold. Just right.

    Do you use gut feel? Or, do you have a system? If so, would you share it?

    Thanks! 🙂

    Tom - Shop Owner since 1978

    November 29, 2021 at 4:13 pm #122206
    Mark Hartmann
    Participant

    Lately as my technician pay rates increase my labor rate must too. I try to maintain my journeyman technician pay to no more than 30% of my shop labor rate. Of course I poll the shops in my area (including dealers) just to get a feel but I’m not afraid to charge what I believe we are worth. I have experienced very little pushback from my customers after my last two rate increases.

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