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Thread: Companies that pay percentage

  1. #1
    Knight Rider is offline Rookie
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    Default Companies that pay percentage

    Are there any companies hiring newbies that pay a percentage instead of paying by the mile?

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  3. #2
    Evinrude is offline Board Regular
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    Default Re: Companies that pay percentage

    Quote Originally Posted by Knight Rider
    Are there any companies hiring newbies that pay a percentage instead of paying by the mile?
    There is lots. But it's the same scam as cpm. Your time is worth nothing.
    CPM is a pay scam that most trucking company's use to get around paying overtime for excessive hours of work and other monitory issues.Get paid hourly and prevent sweat shop conditions.

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    GMAN's Avatar
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    Most carriers are going to require at least 6 months to 2 years experience regardless of how they compensate drivers.

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    Default Re: Companies that pay percentage

    Quote Originally Posted by Evinrude
    Quote Originally Posted by Knight Rider
    Are there any companies hiring newbies that pay a percentage instead of paying by the mile?
    There is lots. But it's the same scam as cpm. Your time is worth nothing.
    It disagree. I get paid percentage and it is not the same as CPM. We don't haul cheap frieght. Do I get paid for everyhour? No. If I divide my gross pay by my hours (logged legal!!!) do I make a very good living? Yes I do. My cpm pay for my last oversize load to California came out to .84 cpm as a company driver. If I broke it down by hours on duty (logged legal again) it came out to just over $35.00 an hour. I am new to otr and have been with this company for about 4 months. You just need to do your research otherwise no matter how you get paid you might not make as much as you could.
    Don't trust anybody. Especially that guy in the mirror.

  6. #5
    Sealord is offline Senior Board Member
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    Default Companies Paying Percentage

    TMC pays newbs percentage if they choose. BOL

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    Knight Rider is offline Rookie
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    Sounds like it can be to the drivers advantage. You just need to do your research. But, what kind of percentage do the companies generally pay?

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    Rawlco is offline Senior Board Member
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    TMC pays on a performance based scale. There are many factors that give you points, mostly fuel economy and out of route miles. The points that you earn one month determine your pay percentage for the next month. You only earn a percentage of the load rate after the fuel surcharge and any other fees are removed from the total sum that TMC gets paid for the load. You can earn as low as 23% or as high as 32% with most drivers earning 28% to 29%. To earn lower than 28% is almost impossible unless you are really careless.

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    GMAN's Avatar
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    I have always made more money on percentage. That is the way I pay my own drivers. I pay 25%. Most will pay somewhere between 22-30%. Whether you will do better depends on the rates for which you are hauling.

  10. #9
    Fredog's Avatar
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    Default Re: Companies that pay percentage

    Quote Originally Posted by Evinrude
    Quote Originally Posted by Knight Rider
    Are there any companies hiring newbies that pay a percentage instead of paying by the mile?
    There is lots. But it's the same scam as cpm. Your time is worth nothing.
    you are incorrect grasshopper. I get 25% of the GROSS revenue, that means when the truck is getting detention pay for sitting more than an hour, I am also getting paid..

  11. #10
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    Quote Originally Posted by Knight Rider
    Sounds like it can be to the drivers advantage. You just need to do your research. But, what kind of percentage do the companies generally pay?
    I get 23%. Now that sounds low as compared to TMC average of 28-29% or even the 32% But as I stated before we don't haul cheap freight. Almost everything we haul is oversize. Now have I hauled the crappy tarped lumber loads? Yes, only because it delivered 20 miles from one of our terminals where I picked up another oversize to come home with. I don't see why I should haul 5 loads in a week when I can haul 2 and still make very good money.
    Don't trust anybody. Especially that guy in the mirror.

  12. #11
    GMAN's Avatar
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    It isn't the percentage as much as the rate. If you haul a lot of over-sized loads you should still be doing pretty well. There are a lot of costs involved in doing over-sized loads. The most important thing is whether you are making the money you want.

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