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Your Labor Rates – Then, Now, Soon?
1) How much has your labor rate changed over the past year?
2) How much do you expect your labor rate to change over the next year?
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5 Replies
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We adjust our labor rate every 6 months at a min. % eqaul to CPI for our area . Which this year is 4.1 % in June and in January. Then we check our labor cost and profitabliity from there to see if that is correct.
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I’d guess we raised the rates about 5 donuts in the last year and will probably raise them again another 5 donuts by January I suspect.
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My labor rate went up $5/hr for transmission, and $15/hr for general auto. I remain one of the most expensive shops in town, and ye am still here in business 10+ years after buying a business.
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1) How much has your labor rate changed over the past year?
2) How much do you expect your labor rate to change over the next year?
Was $75 on 2018, $85 2019, will be $90 or $95 next year.
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California still leads the nation in mediocrity. Excess taxes, fees and permits abound. We pay $900 per just for our “health” permit. In any case, labor rates will go over $200 buy yes end.
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