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re: Plumber rates in your area

Posted on 7/11/22 at 1:17 pm to
Posted by WHATDOINO
Member since Dec 2008
6518 posts
Posted on 7/11/22 at 1:17 pm to
quote:

People want to talk about plumbers making a ton, but the owners are the ones doing well. I’ve yet to meet a plumber or electrician that looks like a guy making $150k.


Ummm, what does this look like to you?

I know many multi millionaires that walk around looking like they are poor and homeless. You are really naive to think money has a look.

Posted by baldona
Florida
Member since Feb 2016
20572 posts
Posted on 7/12/22 at 6:44 am to
quote:

Ummm, what does this look like to you? I know many multi millionaires that walk around looking like they are poor and homeless. You are really naive to think money has a look.


I’m not going to go down this argument. My point is that most these guys without company ownership are not making over $100k. They are making like $35/ hour plus OT rates. The additional pay for after hours is mostly going to their business.

If you are charging $150/ hour and paying $35/ hour to the employee before benefits and expenses and then charge $250/ hour after hours then the company is making an extra $65/ hour while the employee gets $35 extra for OT.
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