Originally Posted by
mikeinreco
I think you missed the point.....You have commented before that dismantling some scrap was beneath you (THIRD WORLD WORK YOU CALLED IT)........Us that actually rely on this for a living do what is required and those that can't make a living doing this get a job
If I take the amount of time I spend taking apart
escrap and the amount of money I get from selling it after all expenses, I think my hourly wage would be around $2/hr, by my most optimistic estimates. That is essentially a third world wage.
With more contacts, more material, better tools, etc, I'm sure the profit margin would be better, and if you're doing this for a living, I'm sure it works out to a much better hourly wage. But for most people, I'm am assuming if we take all the scrappers out there, and average out their hourly wage, it would be closer to the third world wage than a livable wage, even if there are a few people who can make a living at it.
Additionally, I'm sure the people's making a living at scrapping, aren't just scrapping, they're probably also doing cleanouts, junk removal, reselling, transporting/moving, and/or other things that supplement income other than pure scrapping.
Scrapping is the lowest denominator of an items value, it squeezes out the last drops of value out of items when there is no other value left in the item.
If you are making a living at this, I commend/respect you, but if you have alternative employment, making a decent wage, it would be quite a bit of work to replace normal employment wage, with scrap.
for full disclosure I am comparing this to MY full-time job, others with other salaries/jobs may think/feel different, but I dont think I could ever REPLACE my fulltime wage with scrapping unless I started my own scrapyard or found a honey-pot of good scrap that I could get for nothing.
Edit: I over estimated my hours spent vs what I actually have in my work log. Before taxes Im actually around $9.25/hr thus far... which isnt nearly as bad as I thought, but still only barely a livable wage in my opinion....
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