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Old April 28, 2010, 07:22 AM   #22
mapsjanhere
Senior Member
 
Join Date: August 6, 2009
Location: Albuquerque
Posts: 2,832
dchi, one more point in determining overhead rates that got missed, your $65 also pays for the guy who spent 15 min taking the order, the 5 min on the girl doing the accounting, the cleaning lady and who else. All of whom don't generate billable hours.
You're getting hung up on a low starting wage; if you're good, you can count on 10% raises until you caught up with the average wage, or more. I paid 70k/y to a guy with zero formal training, just 40 years experience running tools. What was more than anyone without a PhD was making in our shop at the time.
Good luck, and post the pictures.
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