Community Forums

oem · 01-22-2022, 07:41 AM

Just heard at Entegra coach owners gathering from their CEO that Jayco has some 4,000 employees and that no one makes less than $50.00 an hour. WOW! (Thinking of un retiring and moving to Indiana!

NITEHAWK · 01-22-2022, 07:43 AM

And soon a donut with a cup of coffee will cost $35.00

Keith55 · 01-22-2022, 08:01 AM

Quote:

Originally Posted by oem

Just heard at Entegra coach owners gathering from their CEO that Jayco has some 4,000 employees and that no one makes less than $50.00 an hour. WOW! (Thinking of un retiring and moving to Indiana!

Their lowest paid employee makes $100,000/year?? In an industry known for underpaying employees?

I am not buying what that CEO is selling.

Hpozzuoli · 01-22-2022, 08:12 AM

I find it hard to believe considering the quality and price point. Just doesn’t seem possible.

DKRITTER · 01-22-2022, 08:33 AM

Quote:

Originally Posted by oem

Just heard.......

Does anyone have any kind of documentation to back this up?

Or is this just another rumor?

Old-Biscuit · 01-22-2022, 08:41 AM

$50 hour
$15 hr.....pay
$35 hr.....cost of benefits (not part of actual income)

Just guessing.

Marine359 · 01-22-2022, 08:49 AM

Are these union employees?
You can’t possibly run a manufacturing business with everybody making that kind of money. GM unions tried that and drove GM into bankruptcy. No wonder this country is buying so much stuff from China.

Cumminsfan · 01-22-2022, 09:35 AM

I bet thats a "Can make up to" $50 and hour. I'm sure that most make above the min wage as base pay but then comes the 'paid by the piece' part. I'm betting that if they reach a certain quota they earn more than the base pay. Incentives is what drives employee pay.

Toby Dog · 01-23-2022, 04:42 AM

$50 might be an average after the CEO's exorbitant pay and stock package is included in the math.

ShelbyM · 01-23-2022, 05:53 AM

$50/hr seems unlikely unless they are including a highly inflated value for "benefits." Here's info about the living wage in IN. The calculation includes medical costs so if comprehensive medical insurance is provided it would be fair to have that considered as part of compensation. https://livingwage.mit.edu/states/18

2cyber71 · 01-23-2022, 06:10 AM

Quote:

Originally Posted by oem

Just heard at Entegra coach owners gathering from their CEO that Jayco has some 4,000 employees and that no one makes less than $50.00 an hour. WOW! (Thinking of un retiring and moving to Indiana!

Haa,Haa!
Sounds like bull to me

dizcom · 01-23-2022, 06:14 AM

They advertise their entry level jobs at $15 an hour. I think maybe somebody misheard. They do seem to have a fairly good compensation program, even at their entry levels.

Wicked Ace · 01-23-2022, 09:10 AM

Quote:

Originally Posted by Old-Biscuit

$50 hour
$15 hr.....pay
$35 hr.....cost of benefits (not part of actual income)

Just guessing.

I think your numbers are off. If a comprehensive health care plan is an included benefit (which I doubt) it would run 20 to 25% of wage. Probably there is some enticement to enroll in a Healthcare.gov sponsored plan.
Access to an annuity pension fund would be minuscule as most are based on 5 to 10% savings with a 3 to 5% match. If you are making just above a living wage I doubt retirement is forefront in your financial planning.

2cyber71 · 01-23-2022, 09:18 AM

I remember when Chesapeake came fracking like crazy.
They we’re paying Secretary’s $150,000 a yr
Hotshot trucks were paid $10,000 to deliver a wrench
Renting out 100% motels, every room for 6 months at a time, 1/2 the rooms were empty.
New motels were guaranteed 3 yrs full occupancy paid in advance.
Apt rent jumped 400%, Homes up 300%
All charged to the well they were drilling
You see what happened!