My carpenter makes $116/hour

Anonymous
He’s smarter than you.
Anonymous
Your carpenter is highly skilled and has just as much, if not more, training than you, you arrogant prick.
Anonymous
Anonymous wrote:A carpenter may not work 40 hrs a week guaranteed. And they have to pay for all the benefits out of that pay.


OP, c'mon, you know this (see above). It's like saying my plumber makes $300 an hour because they replaced a toilet for me and it took them 1 hour.
Anonymous
You picked the wrong job. My brother is a surgeon married to a primary care doctor and makes $350K/year and has paid off his loans, his home, and his children's college tuition.
Anonymous
You should be glad a carpenter can make that much and then advocate for yourself for more. That's how it should work. Instead of begrudging people getting paid. Of course the billionaires want a class war. Then we're not paying attention to what they're doing.
Anonymous
Carpenters are also highly skilled, the more skilled they are the more money they can make. Also tradespeople do price their work depending on how much they think you can afford.
Anonymous
Anonymous wrote:For general services. I am a physician and make $124/hour. After 4 years of college, 4 years of medical school, $250K post-graduate educational debt, 5 years of post medical school training working 90 hours a week for $50-$70k/year (latter only at the end), and 10 years of additional clinical experience. I am a W2 employee and cannot deduct expenses.

This country is headed for a very very serious physician shortage.


You will have to take that up with the American Medical Association, which limits the number of people who can become physicians. That then drives up your salary--probably so medical schools can charge their high tuition.

There are qualified students turned away from medical school every year...
Anonymous
Physicians in the DC area don't make as much money which is why it is so hard to find a good one. The good ones join concierge practices to make more money or move to a city where they can make more money.

All your post is telling me is that you are not good at your job.
Anonymous
Anonymous wrote:If your carpenter gets the flu, he does not get paid for the 7 days he is out. When the carpenter comes to your house to give an estimate, he does not get paid. When the carpenter is required to be at jury duty, he does not get paid. Should I continue?


This X10000. The trades are very hard. People see a $500 bill from their plumber and think hey rather than send my kid to college, he should be a plumber! No, it’s incredibly difficult physical labor. For every two hour job, you have unpaid transit to and from the site, you have empty slots or slots you can’t book because you don’t know how long it will take. Even a solo guy needs to carry insurance, billing, accounting, tools etc. for every successful guy getting lots of business word of mouth, there are dozens floating around hooking up on other jobs, getting screwed, getting hurt and ending up working at Walmart.
Anonymous
LOL, the average number of hours someone works in a year is 2080. At $124 an hours, your gross salary is almost $260K. Boohoo.
Anonymous
I'm curious OP, do you also begrudge a CEO his salary who only completed a 2 year master's program but makes 20 times more than you do? Or do you just look down your nose at blue collar workers?
Anonymous
Anonymous wrote:Carpentry is a hard to find skill. I'm not talking about a general contractor who can assemble Ikea kitchens. I'm honestly surprised he doesn't charge more.

I wish I had married a carpenter.


Agree, if I could have picked my spouses career: physician, lawyer or carpenter...carpentry wins.
Anonymous
Anonymous wrote:
Anonymous wrote:From that, your carpenter has to pay for health insurance, retirement/401k, insurance for his company, overhead costs, various taxes, etc.


He works alone, has no employees. Out of my $124/hr I also have to pay retirement, insurance (health, disability), plus umbrella not included, commuting, taxes, etc. None of which are deductible against income.


Your "carpenter"
Pays all his own business taxes same as you.
Pays all his own retirement, insurance health, disability and umbrella just like you.
Pays his gas for going to clients etc.

Shut up MAGA cult of stupid.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:From that, your carpenter has to pay for health insurance, retirement/401k, insurance for his company, overhead costs, various taxes, etc.


He works alone, has no employees. Out of my $124/hr I also have to pay retirement, insurance (health, disability), plus umbrella not included, commuting, taxes, etc. None of which are deductible against income.


Just because he didn’t go to medical school doesn’t mean his trade doesn’t require specific skills and knowledge and have its own licensing requirements. You want your carpenter to know how to ensure your walls and house aren’t going to fall down. It’s gross that people look down on the trades when they are every bit as needed as other fields.

1005. More formal education doesn't automatically equal more money.
Anonymous
Anonymous wrote:One, $260,000 annually is a great income. How much do you think you deserve?

Two, if you think your carpenter is undeserving of the income he makes, feel free to switch careers and do carpentry. It's extremely physical and demanding.


I did not hear OP say anything about the carpenter being undeserving. OP simply contrasted his hourly rate and career training and trajectory with the hourly rate of the carpenter. Perhaps OP neglected to consider that the carpenter’s trajectory would reveal a similar residency/apprenticeship at much lower rate for x years before arriving at the current rate.
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