Salary Pay for Drivers?
Truck driving is a challenging and demanding profession that requires long hours on the road and a lot of physical and mental stamina. One of the biggest decisions that truck drivers have to make is whether to drive for a salary or a cent per mile pay structure. While both options have their pros and cons, this article will explore why truck drivers should consider driving for a salary instead of a cent per mile pay structure.
First and foremost, driving for a salary provides a more predictable income stream. With a salary, truck drivers know exactly how much they will earn each week or month, regardless of how many miles they drive. This allows drivers to budget more effectively and plan for the future, whether it’s paying bills, saving for retirement, or investing in their own business. In contrast, a cent per mile pay structure can be unpredictable and fluctuate greatly based on factors outside of a driver’s control, such as traffic, weather, and delays at loading and unloading docks or soft freight conditions that we are seeing in 2023.
Additionally, driving for a salary can provide better job security. With a salary, drivers are typically hired as full-time employees with benefits, such as health insurance, paid time off, and retirement savings plans. This gives drivers a sense of stability and peace of mind, knowing that they have a steady job and can take care of themselves and their families. In contrast, many trucking companies that use a cent per mile pay structure hire drivers and that model is certainly risky to a wage earner and provider for the family.
Another advantage of driving for a salary is that it can provide a better work-life balance. Since drivers are paid a set amount regardless of how many miles they drive, they may have more flexibility in their schedules and can spend more time with their families and pursuing their hobbies and interests. In contrast, drivers who are paid by the mile may feel pressure to drive longer hours and cover more miles in order to maximize their earnings, which can lead to burnout and fatigue.
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However, there are also some potential drawbacks to driving for a salary. One of the main concerns is that drivers may not have as much earning potential as those who are paid by the mile. A salary may be set at a certain rate that does not reflect the driver’s skills or experience, whereas a cent per mile pay structure allows drivers to earn more based on their performance and productivity. Additionally, some drivers may feel that a salary does not incentivize them to work harder or be more efficient on the job.
In my view, while there are pros and cons to both salary and cent per mile pay structures, truck drivers should consider driving for a salary if they prioritize stability, predictability, and work-life balance. A salary can provide drivers with a consistent income, job security, and the flexibility to spend time with their families and pursue their interests. Ultimately, the decision to drive for a salary or a cent per mile pay structure will depend on each driver’s individual priorities and goals, but it’s important to weigh the pros and cons carefully and make an informed choice.
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CSO AWM Associates, LLC
1 年How does Great Plains Transport, Inc. deal with slackers? The problem with salaries is slackers are paid the same as go getters. Meaning the go getters have to perform better when the slackers are performing badly leaving the go getters under appreciated. ?? Does Great Plains Transport, Inc. have incentive programs to reward the driver that works 98 hours in 8 days opposed to the driver that works 70 hours in 8 days? 14 X 5 = 70 hours Monday to Friday. Take Saturday off and restart Sunday + Monday = 98 hours in 8 days. I knew a company out of Longmont, CO circa 1993 that offered a salary.. Thanks but no thanks.
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1 年What would you consider a fair salary? Considering truck driving is considered one of the most dangerous jobs and companies expect you to work 70-80 hrs per 7 or 8 days? I would think about 145k per yr. That’s 33 per hr. Plus time and a half after 40. That might seem unrealistic but, that’s what the safest and most experienced guys are worth.
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1 年Joe R. What if drivers were paid for not only what they do, but what they are trained to do in an emergency? From "A Plan to Save America"at #BobRutherford https://www.dhirubhai.net/posts/bobrutherford1_bobrutherford-militant-columnist-activity-7039244751522406400-KjH8?utm_source=share&utm_medium=member_android
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1 年Joe I'm trying to reach as many truck drivers as I can to help them save on fuel. Can you help me?