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richms
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  #1547224 5-May-2016 15:09
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mattwnz:

 

Wow, those are huge rates. There are professional jobs which require 5+ years of university, that don't ever earn over $100 per hour. 

 

 

Sounds like those jobs have a poorer return on the time invested in them in that case.

 

Mechanics also have huge downtime they cannot charge for, large workshops to cover and loads of expensive equipment and a massive liability risk to cover.

 

 





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  #1547227 5-May-2016 15:12
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richms:

 

mattwnz:

 

Wow, those are huge rates. There are professional jobs which require 5+ years of university, that don't ever earn over $100 per hour. 

 

 

Sounds like those jobs have a poorer return on the time invested in them in that case.

 

Mechanics also have huge downtime they cannot charge for, large workshops to cover and loads of expensive equipment and a massive liability risk to cover.

 

 

 

 

 

 

Yep. $120 an hour isn't what people get paid, that is the rate that is charged with salary, plant, training etc costs built into the rate. It is pretty normal in a corporate for the recovery rate to be 2-3 times hourly wage.


mattwnz
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  #1547230 5-May-2016 15:21
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Handle9:

 

richms:

 

mattwnz:

 

Wow, those are huge rates. There are professional jobs which require 5+ years of university, that don't ever earn over $100 per hour. 

 

 

Sounds like those jobs have a poorer return on the time invested in them in that case.

 

Mechanics also have huge downtime they cannot charge for, large workshops to cover and loads of expensive equipment and a massive liability risk to cover.

 

 

 

 

 

 

Yep. $120 an hour isn't what people get paid, that is the rate that is charged with salary, plant, training etc costs built into the rate. It is pretty normal in a corporate for the recovery rate to be 2-3 times hourly wage.

 

 

 

 

If they have huge downtime, then people are paying them to sit around doing nothing, and it may also indicate that their pricing is too high. My local mechanic is very busy, and their rate is about $70 ish last time I checked. That's why it probably pays to got to a smaller family run mechanic. I always have when the free servicing has run out and never had any problems, but that is is Japanese cars, which are very reliable anyway. But it maybe different now with these current generation of cars with their more sophisticated computers.




mattwnz
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  #1547231 5-May-2016 15:23
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richms:

 

mattwnz:

 

Wow, those are huge rates. There are professional jobs which require 5+ years of university, that don't ever earn over $100 per hour. 

 

 

Sounds like those jobs have a poorer return on the time invested in them in that case.

 

Mechanics also have huge downtime they cannot charge for, large workshops to cover and loads of expensive equipment and a massive liability risk to cover.

 

 

 

 

 

 

I guess some jobs/professions are more than just about the money. But some jobs that you think would pay really well, don't actually pay all that well.


jaymz
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  #1547232 5-May-2016 15:36
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mattwnz:

 

ajobbins:

 

frankv:

 

 

 

Figuring on about $70/hr chargeout rate for a mechanic, what could require a full day's work ($560 plus some parts) on a routine service?

 

It's a rort.

 

$70? Unless NZ is vastly cheaper than AU, I doubt it. The local independants here are about $120-130 an hour. The Holden dealership where I have had to take mine on a couple of occasions is about $190/hr, and that's for the out of the way branch. The city branch is about $220/hr from memory. I'd hate to think what the local Audi or VW dealership charges per hour.

 

 

 

 

Wow, those are huge rates. There are professional jobs which require 5+ years of university, that don't ever earn over $100 per hour. 

 

 

What a person is charged out for by a company and what that person gets per hour in the hand (or before tax) can be completely different things.

 

In my role, i get charged out at $180 and hour, but i sure don't see that sort of money in my account!!


tripp
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  #1547234 5-May-2016 15:43
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jaymz:

 

mattwnz:

 

ajobbins:

 

frankv:

 

 

 

Figuring on about $70/hr chargeout rate for a mechanic, what could require a full day's work ($560 plus some parts) on a routine service?

 

It's a rort.

 

$70? Unless NZ is vastly cheaper than AU, I doubt it. The local independants here are about $120-130 an hour. The Holden dealership where I have had to take mine on a couple of occasions is about $190/hr, and that's for the out of the way branch. The city branch is about $220/hr from memory. I'd hate to think what the local Audi or VW dealership charges per hour.

 

 

 

 

Wow, those are huge rates. There are professional jobs which require 5+ years of university, that don't ever earn over $100 per hour. 

 

 

What a person is charged out for by a company and what that person gets per hour in the hand (or before tax) can be completely different things.

 

In my role, i get charged out at $180 and hour, but i sure don't see that sort of money in my account!!

 

 

Years ago i was charged out at $140 an hour, lucky to see $35 of that after tax :(

 

The ones that really get me however and IT temp/contracting agencies.  Was doing contract work via them and they were charging $60 an hour and I was getting $40 and still had to do my own taxes.  They were getting $160 a day ($800 a week) for doing nothing apart from asking for time sheets and invoicing the company.  When I found out how much they were making off me I started to look for another role, they even treated me a bit sh** (never getting back to me etc).

 

 

 

Anyway sorry to go off subject

 

 


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