On this week’s episode of Grease the Wheels, you get to hear a podcast from a host who hasn’t had power or running water for 7 days prior to recording! We’re not going to get into it this week (it’ll probably have to be a two parter), but these few upcoming episode’s are going to be a special brand of insane that only your beloved Uncle Jimmy can provide. This week’s dive is on the definition of exploitation and its prevalence in the automotive industry. We crunch some numbers and figure out what a good team of technicians can actually make a shop, and what percentage of that gets paid out to the technicians of that shop just in the labor that they produce. We aren’t knocking capitalism, we love it (it’s listed as Erik the Producer’s religion on his marriage certificate). We are just pitching a more Adam Smith minded version of it where profits are a little bit better distributed and the market rates are competitive with the level of knowledge that we need to function in this occupation. This isn’t even factoring in the actual investment that is needed to do the job. So no wonder why shops can’t find anyone to work for them and why fixed ops managers whine about the tech shortage on LinkedIn all day long. In the automotive field exploitation often comes down to a simple question: “Are you being paid what you are worth?”
Also Uncle Jimmy gives some fairly decent accounting advice to anyone looking to start a shop.
This episode is distributed by The Wrenching Network. Whether you’re a technician, a mechanic, or someone who just loves the car scene, The Wrenching Network is a place that you have to check out. They have all sorts of great content, gear, and snacks to keep you turning wrenches in whatever capacity you do it. Also if you see us over there, make sure you say hi and leave a comment with what you think about the episode!