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Working at Intrepid Powerboats

Intrepid powerboats overview.

Intrepid Powerboats creates one of a kind custom powerboats for boat enthusiasts. Intrepid is an innovative design and customer-driven company. They are dedicated to creating only the best when it comes to power boats.

Founded in 1983, Intrepid Powerboats is an established company that loves to hire graduates from University of South Florida, with 42.9% of its employees having attended University of South Florida. Want to compare Intrepid Powerboats to some other great places to work in Florida? We suggest taking a look at Zippia's list of Best Companies to Work For in Florida .

Intrepid Powerboats is a medium transportation company with 310 employees and an annual revenue of $54.0M that is headquartered in Florida.

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Intrepid Powerboats Rankings

Intrepid Powerboats is ranked #16 on the Biggest Companies in Largo, FL list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Intrepid Powerboats diversity

• Intrepid Powerboats has 310 employees .
• 18% of Intrepid Powerboats employees are women , while 82% are men.
• The most common ethnicity at Intrepid Powerboats is White (62%).
• 14% of Intrepid Powerboats employees are Hispanic or Latino.
• 13% of Intrepid Powerboats employees are Black or African American.
• The average employee at Intrepid Powerboats makes $45,604 per year.
• Employees at Intrepid Powerboats stay with the company for 3.1 years on average.

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• Intrepid Powerboats

Zippia gives an in-depth look into the details of Intrepid Powerboats, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Intrepid Powerboats. The employee data is based on information from people who have self-reported their past or current employments at Intrepid Powerboats. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Intrepid Powerboats. The data presented on this page does not represent the view of Intrepid Powerboats and its employees or that of Zippia.

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Productivity is way up

The reason: Americans are getting better at their jobs

A new gospel is coming out of Silicon Valley , major business conferences , and seemingly every corporate call with investors : Artificial intelligence is about to make workers way more productive.

Free from the shackles of mundane tasks, employees will be able to churn out high-quality work in half the time. In fact, the argument goes, the data shows that labor productivity — the wonkish measure of how much a worker can get done in a given hour — is already on the rise .

While another technology-driven efficiency miracle might be coming soon, the recent uptick in productivity is almost certainly more quotidian than the AI evangelists suggest . Strong economic growth is inspiring businesses to invest more in basic equipment that helps people work faster, and the more stable labor market is leading to more experienced workers with a firmer grasp of their jobs.

This may not be the earth-shattering news that technophiles believe it is, but higher productivity is still great news for the US economy. In a time when everyone has inflation on the brain, better productivity helps lift the economy's potential output, allowing for higher growth without triggering a rapid run-up in prices. I've written before that stronger, noninflationary growth is an " economic nirvana " where businesses can build, workers can increase their incomes, and households can watch nest eggs grow. And with increasing productivity, there's a better chance that America can get there.

What we talk about when we talk about productivity

First, it's important to get a handle on what exactly productivity means. At the simplest level, labor productivity is how much output (widgets, meals, spreadsheet computation) one person can complete in an hour. But measuring just how productive workers are can be tricky. Indeed, productivity is calculated from what we know: output and hours worked. Work from the Federal Reserve Bank of San Francisco, however, helps break down labor productivity into several component parts to give us a sense of the whole:

Labor quality: The more skilled or educated the workers, the more likely they are to be productive. If employees take a course on how to better perform a critical task, or if they simply stay in their jobs and learn the ropes better, overall labor quality and productivity go up.

Capital deepening : Businesses can invest in new equipment or facilities that make workers more productive — for instance, a machine that can quickly assemble parts that a worker used to have to assemble by hand.

Utilization of labor and capital resources: This refers to how intensely and efficiently existing resources are being used. Businesses can buy all the new equipment they want, but they also have to learn to deploy it optimally.

Total factor productivity: This is basically everything else not included in the factors above, such as technological advancements.

Over time, labor productivity has been driven by different elements. In the 1990s and 2000s, rising productivity was mostly from capital deepening and new innovations. In the years following the global financial crisis, businesses didn't spend much on capital, which weighed on productivity.

Since the start of the pandemic, productivity has been somewhat erratic. It fell by 1.09% on average per quarter from 2021 through 2022, the worst two-year stretch in four decades . But over the past year, labor productivity has advanced by 1.62% on average per quarter, a significant reversal and even better than the pre-pandemic period of 2015 to 2019. There are signs, however, that the US could be on the verge of an even bigger productivity boom.

The case for a productivity boom

Last year, though supply-chain snarls and other COVID-era knots had been disentangled, plenty of firms still expected the economy to go into recession , and so they curtailed their investments in new equipment and big capital projects. Conditions so far in 2024 are much improved — recession risks have receded , and corporate confidence has recovered. There are signs that this is, in turn, inspiring companies to invest more in productivity-enhancing capital projects:

The S&P Global US Manufacturing Purchasing Managers' Index points to strengthening durable goods orders. The new-orders component — which measures how much new product managers expect to be ordered in the months ahead — has climbed to 53.5, the highest since May 2022. Globally, conditions appear to be perking up as well.

The US is importing more capital goods. January's trade data indicates imports of real capital goods rose by 3.8% month over month. Over the past six months they've increased by 9.6% at an annual rate. Ultimately, imported capital goods will be used for domestic production.

Stocks are up. A rising stock price means stronger balance sheets and more collateral against which to borrow. So during a boom, there's a positive feedback loop: Rising stock prices and easier lending standards accelerate the impact on investment.

Capital spending also benefits from an accelerator effect. If companies perceive the economy as getting better, they're more likely to spend more on capital goods to meet the expected increase in demand. So when GDP growth accelerates, investment tends to rise even faster, which should push up productivity down the line.

A steadying of the labor market is also a strong sign of a coming productivity boom. In the early days of the pandemic, labor markets were red hot, driving up the rate of quitting and hiring. Employers were running around with fishnets trying to find people, and workers used their leverage. A little heat in the job market is good, but you can have too much of a good thing. It's hard to establish productivity if folks aren't actually staying in their positions for that long. Today, labor-market conditions have settled : Job openings have declined, unemployment has increased somewhat, and workers are less willing to quit their jobs. This means people are staying in their jobs longer. As workers gain experience in their roles, productivity should follow.

Total factor productivity has been particularly weak since the start of the pandemic — perhaps innovation has slowed down or employees are still getting used to new in-person or hybrid work arrangements in the remote-work era. But those hurdles should fall into the rearview mirror as the economy settles. At the same time, there has recently been a burst of new business formation. That's important since the slowing pace of business dynamism and lack of new business formation in the 2000s was said to be a reason behind the sluggish growth in productivity, particularly after 2005. The rise in business formation suggests people are willing to take on additional risk, and that should aid in productivity growth. More broadly, increased business formation ought to help allocate resources from less-productive firms to more-productive ones. Competition is a good thing!

Rising productivity lifts all boats

If productivity is indeed turning up, economists and market experts haven't fully processed the news yet. Looking at a chart of Blue Chip Consensus estimates for GDP growth back to the early 1990s, a few trends become clear. First, the consensus tends to underestimate the severity of recessions, so economists have to quickly revise down their estimates during downturns. Second, the consensus tends to be too pessimistic as the economy recovers from the recession, which is why we see upward revisions to growth immediately after a recession. And finally, there are long periods when surprises tend to flow in the same direction — a string of years when economists are consistently underestimating or overestimating growth. This tends to happen when the growth trend changes and economists are mismeasuring the change in productivity.

Productivity shocks tend to come in waves. The 2010s, when productivity consistently fell short of expectations, was a period of chronically overestimated growth: The consensus would start the year at about 3% but end up at 1.5% or 2%. By contrast, the late 1990s were a period of higher productivity growth and underestimated growth, starting the year at 2% but ending closer to 4%.

These historical examples are worth thinking about today because growth expectations are climbing. Blue Chip consensus expectations for 2024 real GDP have jumped, tripling since last summer, to 2.1% from 0.7% in June. Unsurprisingly, recession fears have collapsed. Professional forecasters now see just a 23.9% chance of a drop in real GDP in the next quarter, down from nearly 50% this time last year. If we're seeing a genuine increase in productivity, the takeaway is that it's unlikely to be fleeting. If the past is prologue, the consensus will consistently be revising up growth estimates.

The AI boom isn't here — yet

The media is littered with discussions about how AI is going to send productivity into hyperspeed. But it's probably too soon to be thinking about these factors as the main driver of recent productivity growth. That's an important part of the productivity paradox. Productivity miracles don't necessarily follow a technological breakthrough right away. It takes time for the technology to make its way through the economy and time for workers to gain the skills needed to make the most of it.

The good news is that the normalization of the economy — improvement in supply chains, balanced labor markets — is likely to result in continued improvement in business-sector productivity growth. I think "normal" is about 1.5% to 2%. There's likely some improvement on the horizon as capital spending outpaces hours worked; as a result, we'll get a bit more capital deepening this year.

The investment implications of this are clear: Stronger productivity growth implies a higher speed limit for the economy. Wages can grow somewhat faster without pressuring firms to raise prices — a positive development for the Fed, at least in the short run. On the flip side, neutral rates might be somewhat higher as a result. For stocks, stronger productivity should be welcomed, implying more growth with stronger profit margins.

Neil Dutta  is head of economics at Renaissance Macro Research.

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CENTER CONSOLE

50 EVOLUTION

475 PANACEA

438 EVOLUTION

427 NOMAD FE

407 NOMAD FE

375 NOMAD SE

375 NOMAD FE

345 NOMAD SE

345 NOMAD FE

• BUILD YOURS
• INTREPID DIFFERENCE
• VERSATILITY
• INTREPID NATION

THANK YOU FOR YOUR INTEREST IN INTREPID POWERBOATS

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• Which Model are you interested in? * 427 NOMAD SE 427 NOMAD FE 407 NOMAD SE 407 NOMAD FE 375 NOMAD SE 375 NOMAD FE 345 NOMAD SE 345 NOMAD FE 327 NOMAD 300 NOMAD 51 PANACEA 407 PANACEA 477 EVOLUTION 438 EVOLUTION 41 VALOR 345 VALOR 327 VALOR
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HOURS & LOCATION

Dania sales, 805 ne 3rd street dania, fl 33004, 954.922.7544, mon - fri: 8am - 5pm, saturday: 9am - 1pm, sunday: by appointment, dania service, mon - fri: 7:30am - 4:30pm, manufacturing facility, 11700 s belcher road largo, fl 33773, 727.548.1260, mon - fri: 7am - 4pm.

KEN CLINTON

As president of Intrepid Powerboats, Ken Clinton is defined by a high-intensity, hands-on management style that is truly unique in the topmost echelon of the marine industry. An exploration of his early life and career reveals his trademark business approach.

READ MORE ▶

727-548-1260 (ext. 230) [email protected]

Vice President of Sales

954-922-7544 (ext. 23) [email protected]

Vice President of Customer Support

727-548-1260 (Ext. 229) [email protected] READ MORE ▶

MIKE OBOLSKY

954-922-7544 (ext. 22)

[email protected]

Mike Obolsky has 50 years of experience in the marine industry, including more than three decades at Intrepid. In addition to his role as advisor to company leadership, he introduces his customers to a world of collaborative design, precision construction, and customization that results in unmatched powerboats at Intrepid. His sales experience is unmatched at introducing customers to Intrepid’s “One of a kind. One at a time” approach to creating the best boats on the water. Originally from Bergenfield, New Jersey, he enjoys spending his free time shooting and collecting classic cars.

GLENN COTTON

954-922-7544 (ext. 24)

[email protected]

BARRETT GRENE

954-922-7544 (ext. 35)

[email protected]

LARRY PARDO

954-922-7544 (ext. 25)

[email protected]

Paul KEENEY

954-922-7544

[email protected]

With more than 15 years of experience as a full-time licensed yacht broker, Paul Keeny is responsible for the sales and marketing of pre-owned Intrepids. He developed a passion for the water, running family boats along Florida’s west coast, and followed graduation from the University of Mississippi as a commissioned officer in the US Navy. He possesses a comprehensive perspective on inventory around the world and can connect boating enthusiasts to everything from legendary center consoles to luxurious sport yachts. When not locating pre-owned boats for customers, Paul’s favorite pastimes include boating, fishing, and family time at the beach.

CHE DE BOEHMLER

954-922-7544 (ext. 29)

[email protected]

Che De Boehmler oversees Intrepid’s service team for new and in-warranty boats. He has vast experience providing comprehensive management for customer service needs, including conducting sea trials and troubleshooting systems and engines for all Intrepid models. In addition, his connections to a global network of facilities, technicians, and boatyards ensure that service and support are coordinating around the world. Married and the father of two children, Che is an avid outdoorsman who enjoys spending time with family in the Everglades or on the ocean.

Corinne Gay

954-922-7544 (Ext.32)

[email protected]

Corinne Gay coordinates service requests to get customers’ boats back on the water quickly and efficiently. As a single point of contact, Corinne relieves customers of the hassle of coordinating and scheduling multiple service professionals, suppliers, and companies. A veteran of more than 11 years in the marine industry, she considers it a privilege to assist owners with their Intrepid boats and takes great pride in her work. When not coordinating care for customers, Corrine’s favorite downtime activity is enjoying fun in the sun with her family.

BILLY RILEY

James Edwards

Caitlin Zaccour

Sharon D’Agostino

954-922-7544 (ext. 21)

[email protected]

In addition to the supervision of the Intrepid office in Dania, Sharon Krohn-D’Agostino is responsible for coordinating closings and planning company events and boat shows. Her depth of experience prior to joining Intrepid in 2016 includes extensive service in the marine industry. Originally from Exton, MA, Sharon enjoys running, paddleboarding, cooking, creating handmade jewelry, and spending time with her family and dogs.

SEAN WILSON

727-548-1260 (Ext. 277)

Sean Wilson provides oversight of the day-to-day operations at Intrepid’s production facility as Vice President of Manufacturing. He started with the company as an apprentice more than 20 years ago and has risen through the ranks to lead the team using advanced technologies and production practices to create custom-crafted outboards that set new standards for luxury, versatility, and performance. In addition to manufacturing, Sean assists company president Ken Clinton and Intrepid engineers with new product development and design. Free time is spent on travel, health and wellness activities, and home improvement projects.

Richard Ahl

727-548-1260 (Ext. 268)

[email protected]

As Vice President of Engineering, Richard Ahl oversees engineering, production, new product design, bill of materials, and tooling at Intrepid. He has spent more than 40 years involved in the marine industry. His team has pioneered knitted, uni- and multi-directional laminates; fully fused, stepped hull design; and a range of engineering innovations. Richard’s hobbies include boats, cars, and computers.

WALT PUTMAN

727-548-1260 (ext. 267)

[email protected]

Morgan Miller

727-548-1260 (ext. 271)

[email protected]

BRYSON ASHMUN

727-548-1260 (Ext. 242)

[email protected]

THANK YOU FOR YOUR INTEREST IN INTREPID POWER BOATS

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