LOL
£18000/52/40=£8.65 so it’s above the £7.20 living wage. But if you want staff retention, you’ll need to invest in it. Pay peanuts & get a monkey. An experienced, reliable mechanic is a sought after commodity and should be paid accordingly.
Couldn’t have put it better myself.
If your view as an employer is that staff are a burden, and you pay them as little as you can and expect the turnover rate to be high (a la MANY MANY shops in and out of the trade), then many get away with paying pretty much minimum wage to their mechanics. However… If like myself you see your staff as an asset, and that the shop is only as good as its weakest link, then investing in your staff both financially and in terms of skills/training is essential, and they will reward you for it in time if not immediately.
I genuinely wouldn’t be where I am right now if I hadn’t hired well 7 months ago, I certainly feel that paying above the going rate (and employing someone who’s mega enthusiastic about his job) has more than paid for itself already.