Patek Philippe is associated with luxury and is considered one of the leading Swiss watch brands of all time. Have you ever wondered about the salary of a Patek Philippe watchmaker? After all, watches are usually very expensive and the skills behind assembling them should pay off well. Well, watchmaking has never been a prestigious career, at least for most job seekers who prefer to be in a corner office. However, the demand for watchmakers has continued to increase because watch owners are not prepared to have their valuable watches in the hands of unskilled repairers. So let’s see how much you would earn if you decided to work for the renowned company as a watchmaker.
Salary of a Patek Philippe watchmaker
Unfortunately, knowing how much a Patek Philippe watchmaker earns is challenging; even former employees don’t disclose how much they earn. However, they are kind enough to post how good the paid package is and have nothing negative to say in the company review. It’s safe to say that the company probably pays its employees a much more lucrative package than competing watchmakers. On average, a watchmaker makes between $ 36,000 and $ 53,000 a year; Top-earning professional watchmakers can take home between $ 62,500 and $ 100,000. This amount cuts across the different luxury brands in the watch industry, which means that all watchmakers are paid a very low percentage of what the products they help to build are sold on the market.
Patek Philippe’s Commitment to Quality Watchmaking
On the company’s website, Patek Philippe emphasizes its commitment to customer service. They provide top-notch restoration, repair, and service to your watches, regardless of how old they are. That commitment is also reflected in the care they take in selecting their watchmakers. Since professional watch repairers must be proficient in all aspects of the watchmaking profession, including observation, polishing, and quality control, the company has made sure to train its own workforce. Patek Philippe has four levels of training, and each recruit must have at least 2-5 years of professional training to be admitted to any of the levels. Upon completing a level, the watchmaker must practice for at least 36 months before he is allowed to proceed to the next level. The levels include essential maintenance, classic, complications and major complications. Even if you are an accomplished watchmaker, you should attend a refresher course if you have not attended any training program for four or more years.
How to become a Patek Philippe watchmaker
In a video posted on abc7 NY, Larry Pettinelli, the then president of Patek Philippe USA, said that finding fully trained watchmakers and recruiting them was nearly impossible given the rate they need the workforce. He explained that the company wants to be in a position where it can repair all the watches it has made, and without enough watchmakers, that was impossible to achieve. Therefore, in October 2015, the Patek Philippe Horology Program was launched in New York. Laurent added that they are looking for people with passion, ability and skill, among other attributes. You may wonder why they had a hard time finding the right candidate despite the many watchmaking institutions in the US The article explains that only a few candidates complete their training; even those that do, only a small percentage can qualify for the Patek Philippe training.
Being selected for the program is not easy
To cement how difficult it is being selected for the training program, not even the New York program was publicized. Instead, the company preferred a headhunter to select those he felt had a chance and asked them to apply. 30 people applied and only 80 made it to the New York workshop for a presentation of the technical and executive teams. The filtering process was not over; Out of the 1980s, only six made it to the final cut based on their levels of curiosity, interest, and reactions during the visit.
The 2015 program was the second of its kind – the first training program launched in 2013 in Shanghai. Since it takes two years to train selected individuals, the program requests applications every two years. In 2017, 380 prospective watchmakers applied, but as always, only six were selected. If you’re wondering why so many young people bother to apply, knowing that their …