Dealer Tech Pay

Do you offer/pay for benefits like health insurance, retirement, etc or at that pay, they have to take care of it themselves ?
No not at the moment but they all have insurance thru their spouses. I do have plans to offer something next year but we all saw the high prices and probably won't end up doing that. We are small enough and I am not looking to expand right now. We are very blessed in that respect. The higher then avg pay rate for the techs (50/hr) is to help them cover taxes and such. It also keeps good talent.
 
I don't know this for a fact, but if someone is a "partner" in a firm (accounting, law, etc), I presumed they get a (small) piece of every billable hour that the firm bills, on top of their own direct, billable hours.
This is also true, wife owns some "inside" stock and when she gets vested enough becomes a "principal" but when bidding jobs uses at least a 2.4x multiplier of peoples' hourly wage.
 
Lol - well it is me and my son and a good friend of his (with all certifications) so all of our work is pretty much golden and I dont face the issues a larger shop does with talent etc and our pay is $50/hr.
Sounds like the kind of operation I would love to give my business to if I didn't live across the country!
 
Lol - well it is me and my son and a good friend of his (with all certifications) so all of our work is pretty much golden and I dont face the issues a larger shop does with talent etc and our pay is $50/hr.
And perhaps the incentive of running things when you retire …
That‘s a great arrangement we don’t see often enough - and when I do it’s often immigrants …
 
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And perhaps the incentive of running things when you retire …
That‘s a great arrangement we don’t see often enough - and when I do it’s often immigrants …
You knew it lol - yes this shop was meant to be my retire gig. I am still in my low 50's so I hope to enjoy this and pass it on. Thank you for the kind words
 
After this forum first started, we had threads discussing the phony claims of auto techs making $100,000 per year then. The claims were obviously intended to get suckers into the field at a time when many were doing well to make a third of that.

Now, except for a few techs working long hours with lots of overtime or working on very expensive new cars, I think the $100K auto tech is still a myth. Just my $0.02 worth.

As others noted 100k+ is being made. Several of us in Indianapolis area are making that
 
As others noted 100k+ is being made. Several of us in Indianapolis area are making that
Just curious if you're getting medical benefits, 401k, etc, on top of that.

Reason I ask is, I'm seeing this a lot lately. One example was a younger millright we had contracted with at work. He was bragging that he makes $50/hr, but this is with zero benefits, 401k, retirement, etc.
 
Just curious if you're getting medical benefits, 401k, etc, on top of that.

Reason I ask is, I'm seeing this a lot lately. One example was a younger millright we had contracted with at work. He was bragging that he makes $50/hr, but this is with zero benefits, 401k, retirement, etc.
Back in the day, those benefits were valued at 18%. Leaves $41/hr for him. Highway flaggers are getting $53+/hr around here
 
Just curious if you're getting medical benefits, 401k, etc, on top of that.

Reason I ask is, I'm seeing this a lot lately. One example was a younger millright we had contracted with at work. He was bragging that he makes $50/hr, but this is with zero benefits, 401k, retirement, etc.

I agree with you that $50 an hour is OK money if they are getting zero benefits.

I get a pension, 401K, medical / dental, and 10 weeks of combined PTO at my job that adds a substantial cost to my employer.
 
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Back in the day, those benefits were valued at 18%. Leaves $41/hr for him. Highway flaggers are getting $53+/hr around here

What would that figure look like today though. 25%? I'm not sure. Regardless, a guy I know is a toyota tech. Has been with the same toyota dealer for probably 20yrs now. He doesn't make $100K. $100K is well above average for where I live.

I hear co-workers spouting off indeed adds all the time with very inflated sounding salary ranges. If you read the fine print on most of them, the dollar amount given has the cost of their benefit package tacked onto it.

I wouldn't be surprised if a lot of young guys/gals would just do w/out medical coverage, or are lucky enough to be covered under a spouse's coverage or parents coverage. I do know in talking with my younger co-workers, they are woefully under funding their 401Ks, or don't even really understand what it's all about, even though the company gives you "free" money into it.
 
Just curious if you're getting medical benefits, 401k, etc, on top of that.

Reason I ask is, I'm seeing this a lot lately. One example was a younger millright we had contracted with at work. He was bragging that he makes $50/hr, but this is with zero benefits, 401k, retirement, etc.

Yes vacation, sick days, 401k, medical dental vision. I’m not a free lance contractor work for a family that has a few dealerships and other business ventures
 
When I was at the dealer I made $25-27/ hour while they billed $109/ hour. I started as a helper and worked my way up to being probably the best mid-level guy there in a shop of about 35 guys. They wouldn’t give me any more money (except hourly incentives) because I wasn’t fully factory trained, but they wasted money on other techs for training, I was halfway certified in everything….which you can (could, this was 10-20 years ago) train 70% online. That was enough for putting your name to a warranty repair, that’s all they cared about. The guys that got the full in person training were only the best of the best, they’d come to our shop and blow steam up managements butt to get the job, get trained, and immediately quit to go back to better paying shops.
 
$50 an hour plus full benefits is just OK nowadays for a licensed journeyman tradesman in much of the West. Remember all overtime is at least double time too.
 
I think I make roughly $36/ hour now but it’s hourly / salary instead of flat rate, and also enjoy full federal benefits. Crazy amount of health insurance choices for way cheaper than I had at the dealer, WAYYY more time off, retirement benefits etc.
 
After this forum first started, we had threads discussing the phony claims of auto techs making $100,000 per year then. The claims were obviously intended to get suckers into the field at a time when many were doing well to make a third of that.

Now, except for a few techs working long hours with lots of overtime or working on very expensive new cars, I think the $100K auto tech is still a myth. Just my $0.02 worth.

I remember seeing Universal Technical Institute's commercials making it seem all exciting like they were going to work on cars from NASCAR, dragsters, etc, and making $100k a year when dealer techs at the time around me were making under $60k.
 
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