Labor Rates are going up! Finally!

[Transmission Repair]

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[Alex]

 

[John Shanderuk]

I love incsetual labor rates. Kind of like... What are you doing? I donno know what are you doing? Same as incestual advertizing (I usually do the opposite of what others are doing). Charge what you need to charge to pay people good money and yourself... I charge $181.09 and thinking of going to $200 an hour haven't had any issues. Maybe I'm pushing the envelope but it is what it is.

Edited November 12, 2022 by John Shanderuk

[Joe Marconi]

23 minutes ago, John Shanderuk said:

I love incsetual labor rates. Kind of like... What are you doing? I donno know what are you doing? Same as incestual advertizing (I usually do the opposite of what others are doing). Charge what you need to charge to pay people good money and yourself... I charge $181.09 and thinking of going to $200 an hour haven't had any issues. Maybe I'm pushing the envelope but it is what it is.

I don't know the finances of your business, but from what I see around the country, quality repair shops are in the $175.00 range, with EURO, Diesel, and Specialty shops above $200.  So I don't think you are pushing the envelope. In my opinion. 

I have been saying this for years: "As an industry, we have been too cheap for too long." 

[TonyGatto]

I raised my rates gradually over the year.I’m up to $140 hour on my retail customers, and $175 on National accounts as they all want a 10% kickback to be considered a preferred provider. 
No one usually check labor rates. If they actually ask what the labor rate is it’s $75.00 per half hour, so at least they know there is a charge to look at it  

 

jmho

 

[Joe Marconi]

12 hours ago, TonyGatto said:

I raised my rates gradually over the year.I’m up to $140 hour on my retail customers, and $175 on National accounts as they all want a 10% kickback to be considered a preferred provider. 
No one usually check labor rates. If they actually ask what the labor rate is it’s $75.00 per half hour, so at least they know there is a charge to look at it  

 

jmho

 

Good for you!  I also agree with multi-tier labor rates. And I also agree that in spite of what shop owners think, most people do not question labor rates. Parts are a different story, thanks to the internet and part companies marketing to consumers.