Quote:
Originally Posted by truckdriver2
I am new to the world of percentage pay. If you get 23% of the load line haul what does that mean? 23% of the total of the load?
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23% of a $1.00 a mile is $.23cpm, and split that for a team = not much. $.23cpm for a solo is the same minus the split part. 23% of pay to the truck is all well and fine except for the mileage incurred: short hauls sometimes tend to pay better somewhat, where long hauls are what they are. Is this % pay on ALL miles, dead-head AND loaded?? When I drove for % pay, I was paid one rate for loaded (24%) and less for empty (20%).
Everyone seems to think getting % is better than mileage, but think of it this way: a company or an o/o can go out and low ball a bid to get their foot in the door of an account. When they do this who takes the cut? YOU the driver. If the driver is getting paid mileage he gets the same $$ regardless of how bad the company or owner is cutting rates...and in this economy rates are in the TOILET. Screw that, let the company or the owner take the hit for the $$$.
As a company driver, I would not run under % because you would most likely not be able to refuse a load. This could cause you to get screwed royally under percentage. And remember under percentage the empty miles are usually on you. The rate must be strong enough under percentage to justify long deadheads.
Besides, no company is going to pay their driver 30% of a $2 per mile load, think about it. You will probably find yourself making about .15-.20 per mi. and no home time at all. Your better off driving as a solo and getting paid per mile. Not many companies pay less than .30 if you got at least 1 yr. exp.
The moral of the story is that 23% of nothing is nothing.