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Labor Rates are going up! Finally!


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For the first time in a VERY LONG time, I see a lot of positive news with regard to labor rates.  More and more shop owners and managers are crunching their numbers and increasing their labor rates to better ensure their companies achieves a profit and also to be able to pay their employees what they deserve. 

Profit is needed in order to build for the future and to be able to attract quality people. 

I really think that this is perhaps the best time in our recent history to revisit your labor rates and bottom line and adjust your rates accordingly.  

Have you adjusted your labor rates recently, or plan on it? 

 

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