Let's see.....To make it easier to understand, I work at a local Chevrolet dealership as a team leader in the service department....
Company wide:
Lost 401k match.
Insurance premium increase to reduce employer contribution.
Service Department:
Service writers no longer get paid a percentage of parts(used to get 5.5% of parts, now get 0%)
Base weekly salary unchanged, but due to loss of parts, now have to work twice as hard to earn same amount as before.
Service Technicians:
No raises for 2 years
Hiring freeze
decrease in wages for pre-sold service work (i.e. oil changes, transmission service, brake service...etc) of $4.00 per hour.
Base commision unchanged
So we are feeling the crunch as well in the automotive industry. Since people are having financial troubles themselves, they are putting off what they feel is unneeded work until the dang car breaks, then having to pay twice as much to get it fixed, go figure...Big risk if you ask me, but hey, if you can't afford it, you can't afford it.
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"It is not that I have failed, but that I have found 10,000 ways that it DOESN'T work!" --Thomas Edison
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