Eomer
Trakanon Raider
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Those master plumbers either own their own businesses, or they are fairly high up in large mechanical contracting companies running large crews and job sites, with all the stress and responsibility that comes with it. In the US, the guy coming to fix your faucet I would imagine is probably not making much more than $25-30/hour (if that). Even up here in overheated Alberta where unemployment in the construction trades is in the negatives, journeymen service/residential/commercial plumbers aren't making much more than $35-40/hour plus benefits. Guys working industrial might be upwards of $50. But that still puts you below 100k a year, assuming you're working approximately 2000 hours a year (50 weeks x 40 hours/week).There are 3 master plumber who are members at my golf club. They are most certainly making well over 120k a year. Somewhere along the line parents in America became convinced their kids were too good for trade school. As a result there is an influx of kids going to college who will never be able to pay off their debt because they just simply don't belong there and are flooding the job market in their respective fields, while there is a shortage of trained, skilled trade workers. This drives up demand for trade workers and inflates their salaries.
2 months ago I had a plumber doing work at my house. He charged something like $225/hr. And that's typical around here.
As far as the plumber that came to your house, first of all you got fucked on the rate (or maybe you live in a very expensive part of the US, not sure how ridiculous things can get in say New York or Los Angeles). Again, even up here residential service work is billed at $100-150/hour. And of that, maybe a third is going to the plumber. Another third is paying for the van he's in and a bunch of other costs, and the final third (give or take) is profit for whoever owns the company.
No question that us assholes who own the plumbing companies do okay. But the grunts on the front lines aren't making much more than 100k a year unless they are working a serious amount of overtime, have a huge amount of responsibility with a large construction company, or own the company. And even getting to that 100k a year point will take 4 to 6 years of hard work. Apprentices start at $15-18/hour here.