Gunsmith position at Korth Group - position filled

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ReverendX said:
The ad clearly says "From $22.00 an hour."

To me that means the salary range starts at $22.00 for lesser qualified applicants.
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It said for a certified gunsmith...if you're certified you are fully qualified. I would think anyways??
 
Wow, I just did a google search for how much does a gunsmith make in Canada....and 22/hr is right in there.

Who would have though it was that low?
 
OK here is the scoop...there is no Certification system in place for Gunsmiths in Canada, there is in the USA and Europe but not Canada.

Talked with a well known custom shop and was told some one just starting out can expect 18/hr plus depending on experience and up to about 30/hr once they gain a lot of knowledge.

A Certified machinist working as a gunsmith can expect 30 to 40/hr

So it really depends on what Korth is actually looking for in a gunsmith...:)
 
hawk-i said:
OK here is the scoop...there is no Certification system in place for Gunsmiths in Canada, there is in the USA and Europe but not Canada.
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That's exactly what people don't realize. In addition to that there's this thing called Probation. Technically they don't even have to offer you $22 to start, all they have to give you is MINIMUM WAGE until you have shown your worth AND passed your probational period. In addition to that Gunsmithing in Canada is NOT regulated by a union, so in actuality there IS no set minimum salary. There is an expectation witch most of you seem to think is worth way more than $22 an hour, but in actuality that's about right for a new smith.

Another factor in gunsmithing is what form of background you have. Are you educated through a school, or did you apprentice with a gunsmith from the ground up, or did you do both? How much time did you apprentice? How many years of actual experience (real world) do you have? What is your level of competency? That's all factors that are taken in to account when you apply for the job and there's still more to take in to consideration.

Yes it says the wage is $22 an hour, but that's the base line of what they would most likely evaluate all applying individuals on as a generalized worth. They still can evaluate you as more depending on the aforementioned factors. Is a Gunsmith worth more than $22 an hour? That depends on who YOU are as a gunsmith, who is employing you, what your background is, and what your current area market is. Another thing to factor in is what is the current political views of the country they are in? Can you afford to invest more than $22 and hour in an employee in a field that seems to be extremely unstable given the current political situation in the country? that's something you have to decide. its like buying 5000 AR-15's even though you know they will be illegal tomorrow, is it worth it? That's something ANY business has to take in to consideration before putting money in to things regardless of the subject.

There is SO much to think about before you can do something, we cant always think of everything, heck I've definitely forgotten to mention a few things in there id be willing to bet.

Now personally, for a pedigree gunsmith who has all the knowledge and experience behind them worth $22 an hour? ABSOLUTLY NOT! But how's about somoni who has little to no real world experience? Someone fresh out of school whos been struggling to find an ACTUAL position AS a gunsmith (With in actuality is VERY had to find) or even someone who has home trained themselves as a gunsmith worth $22 an hour? Id say that's actually very generous because they only have to pay you minimum wage since you have zero credibility.

Speaking from experience and actually still current on my end, its one hell of a struggle finding an ACTUAL gunsmithing job. I've been hunting for one since 2015 and I have an education in Gunsmithing in addition to some field experience, I've had an application in with the RCMP for 2 years now and they keep stroking the dog, and even put in a transfer as a weapons tech in the military and that's been over 5 years. If you want to open a business and make your own shop more power to you, but don't go to a bank, all they will tell you is its too great a risk at the moment given the current political situation with the Lib-Tards riding there Band Wagon and see it as a negative investment. Tried that too just to backfire and I even had design plans,, architectural plans for the building, all costs of the tools and hardware accounted for with tax, estimated employee costs, insurance and stock costs, I even have plans for producing and actual production of firearms with blueprints and prototypes (they need work, trust me) and Its not an easy word to just jump in to. Hell, if you open a shop and want to hire a Gunsmith for $35+ more power to you, and all the respect in the world! You the man! But this IS quite a fair offer. Not great, not bad, but fair.

Am I right? Not to some, probably not to most, but that's the facts I had to learn. Here's to hoping this has opened some eyes on the matter even if its just a little bit.
 
22/h to do something you love while gaining experience seems like a good deal to me. I have people slaving over molton iron for 20/hr. playing with guns seems like a serious upgrade.
 
trucker said:
Care to enlighten us wise one?
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-Absolutely young Jedi :) Let's run a quick P&L on this:
-Annual revenue $5MM
-Blended product/service margin 15% (just an assumption based on knowledge of similar businesses I work with)
-We are left with $750K to cover COGS and all overhead. Let's assume $100K for rent, utilities, insurance, write-offs,...list goes on ($100k is very conservative)
-Add 10 employees at $50K a pop (more like $75K after benefits) and you're left sweet Fvck all

So yes, revenues are completely irrelevant when it comes to the health of a business ,EBITDA is where it is at
 
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robak1 said:
-absolutely young jedi :) let's run a quick p&l on this:
-annual revenue $5mm
-blended product/service margin 15% (just an assumption based on knowledge of similar businesses i work with)
-we are left with $750k to cover cogs and all overhead. Let's assume $100k for rent, utilities, insurance, write-offs,...list goes on ($100k is very conservative)
-add 10 employees at $50 a pop (more like $75 after benefits) and you're left sweet fvck all

so yes, revenues are completely irrelevant when it comes to the health of a business ,ebitda is where it is at
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bingo!!! Its all about ebitda
 
h ttps://www.erieri.com/salary/job/gunsmith/canada#:~:text=Salary%20Recap,is%20between%20%2437%2C704%20and%20%2461%2C806.
 
you guys keep putting this job ad up (at least a couple times this year). could it be that your wage sucks and working at your company sucks? why the high turnover?
 
robak1 said:
-Absolutely young Jedi :) Let's run a quick P&L on this:
-Annual revenue $5MM
-Blended product/service margin 15% (just an assumption based on knowledge of similar businesses I work with)
-We are left with $750K to cover COGS and all overhead. Let's assume $100K for rent, utilities, insurance, write-offs,...list goes on ($100k is very conservative)
-Add 10 employees at $50K a pop (more like $75K after benefits) and you're left sweet Fvck all

So yes, revenues are completely irrelevant when it comes to the health of a business ,EBITDA is where it is at
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Its about EBITDA and ... Return on Assets.

I could bet you a steak dinner that the costs of Korth's physical assets (lathes, CNC machines, etc) will greatly exceed the costs of their labour for many years to come..... for all any one here knows, the payback period on their phyiscal assests could be 20 years.

I work in P&L accounting for a major player in the grain industry.

Its always interesting to listen to people outside of the industry carry on about the 100s of millions dollars that any one of the companies has made in any given year.

I hear stuff like "Its seems so unfair that they make soooo much money" ......then I usually respond ....

" well.. do you have any idea how much it cost to built any one of our concrete grain elevators in the Prairies ?
Do you how much it costs to build just one of our export terminals in Montreal / Thunderbay / Vancouver ?
Do you how much it costs us to acquire the grain that is sitting in our elevators/export terminals ?

Billions and billions in costs.... so if the industry players are not making 100s of millions, then our shareholders will start firing people and will hire new people that will.
 
Briguy34 said:
you guys keep putting this job ad up (at least a couple times this year). could it be that your wage sucks and working at your company sucks? why the high turnover?
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The way I look at it ... if there any junior gunsmiths out there who feel their skills are worth more than the $22 /hr offered (which may or may not be the market rate), they are free to contact a commercial banker for say a $3 million loan (I don't know for sure) for the necessary lathes and CNC machines to start up their own smithing business.

And hey.... if their first smithing project happens to pay $3 million dollars, then its a gravy train from there.
 
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