Christopher Otts
๐ค SpeakerAppearances Over Time
Podcast Appearances
I'll probably have it out before lunch.
Well, that's like very, that's good, right?
If it pays 10, you get 10 hours, right?
Regardless of how long it takes.
Ted is effectively going to get double his hourly rate or almost because he's doing a 10 hour job in five hours.
I mean, when I've done so many of these, I haven't even opened the workshop manual.
Like when you first do it, you got to walk back and forth or have something on your toolbox, checking each step.
So it takes a lot more time.
someone earning that amount of money is like easily top 5%.
If you look at the median wages for this profession that are tracked by the government, dealership mechanics at the median earn more like $60,000 a year.
So Ford CEO Jim Farley is referencing the absolute elite performers in this system, the technicians with high level of skill.
and a good situation where they can take advantage of those skills.
But it is certainly not typical of an average mechanic's experience in this job.
Experience really pays in this job.