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Christopher Otts

๐Ÿ‘ค Speaker
156 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Yeah.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

I'll probably have it out before lunch.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Well, that's like very, that's good, right?

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Yeah.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

If it pays 10, you get 10 hours, right?

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Okay.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Regardless of how long it takes.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Yep.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Okay.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Gotcha.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Ted is effectively going to get double his hourly rate or almost because he's doing a 10 hour job in five hours.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

I mean, when I've done so many of these, I haven't even opened the workshop manual.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Like when you first do it, you got to walk back and forth or have something on your toolbox, checking each step.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

So it takes a lot more time.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

someone earning that amount of money is like easily top 5%.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

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.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

So Ford CEO Jim Farley is referencing the absolute elite performers in this system, the technicians with high level of skill.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

and a good situation where they can take advantage of those skills.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

But it is certainly not typical of an average mechanic's experience in this job.

The Journal.
Why People Aren't Lining Up for This $120,000 Job

Experience really pays in this job.