So $125/hr is what the tech takes home from the elevator service company. The company is paying for insurance and general overhead, and billing the tech out at

So $125/hr is what the tech takes home from the elevator service company. The company is paying for insurance and general overhead, and billing the tech out at around $500/hour. The real money is in starting an independent elevator service company after getting some experience with somebody like KONE or Otis or Schindler.