I think it partly depends on what skills you have. It also kind of depends on what other kinds of jobs are available in your area. If it's more profitable to switch fields in order to make more money hourly, people will do it, at least around here.
The RV industry is HUGE around here. And the economy is booming. That makes labor very tight around here, which drives up the cost of labor, no matter if you're a sign company owner or otherwise. I have a controller friend of mine that works at another company who is having a hard time keeping people at $25-$30 per hour because a few of the RV factories are paying in upwards of $50 per hour. So the thought process is, if you want to keep someone quality, you better pay up. Or automate, if your shop allows for something like that.
The RV industry is HUGE around here. And the economy is booming. That makes labor very tight around here, which drives up the cost of labor, no matter if you're a sign company owner or otherwise. I have a controller friend of mine that works at another company who is having a hard time keeping people at $25-$30 per hour because a few of the RV factories are paying in upwards of $50 per hour. So the thought process is, if you want to keep someone quality, you better pay up. Or automate, if your shop allows for something like that.