My company gave me this pretty little report detailing my compensation for 2021. How do these numbers look for a 4th year driver doing local flatbed work? Low? High? About right? I averaged 52 hours per week. 90% of my loads were steel coils or plates, and probably half of them were tarped (coil tarp(s) or 4ft tarps).
My gut says these numbers are pretty fair, but sometimes I wonder if there's easier money out there.
I also wonder what you owner ops have left over after all your truck and administrative expenses. Is it comparable?
Total compensation for 2021
Discussion in 'Flatbed Trucking Forum' started by basedinMN_, Jan 7, 2022.
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By the way, if you divide the total compensation ($106,802.09) by the "hourly" rate $51.35, then again by 52, that should tell you the hours worked per week. Well in this case that number is 40. Obviously the true number is higher than 40 hours, so the true "hourly" compensation is less than $51.35...
mitmaks, truckdriver31 and cke Thank this. -
So you really made 79k?
singlescrewshaker, Midwest Trucker, Trucker61016 and 6 others Thank this. -
all i had to do was drive and take polls of fried chicken livers vs fried gizzards with wedges
singlescrewshaker, Trucker61016, Speed_Drums and 1 other person Thank this. -
What kind of Mickey Mouse report is that? Looks like something the owners 20 year old kid would dream up just to make it look like they're giving you the farm.
Vampire, mitmaks, singlescrewshaker and 6 others Thank this. -
But the owners kid was more likely 6, not 20.Vampire, singlescrewshaker, Midwest Trucker and 2 others Thank this. -
That’s an odd ‘presentation’ with the whole pie chart deal.
Say 50 hours a week, 50 weeks of the year - it’s about $30/hour.
That’s not bad - is it?singlescrewshaker, Midwest Trucker, stwik and 4 others Thank this. -
"Non-cash compensation"?? It looks like they want you to thank them for paying their part of being a W2 employer.
"Just look at all the cost we incurred on your behalf that you didn't have to pay!!!" Either the person that puts this together is an idiot, or he thinks truck drivers are.
Otherwise, it seems like good money for hours worked.mitmaks, blairandgretchen, singlescrewshaker and 9 others Thank this. -
That's how I felt at first, but now I'm glad it was broken down this way. Like, there's not a 401k match at my company, so I have to self fund that completely. If an opportunity were put there promising $75k but a 6% 401k match, well that's $4500 bucks and would be a lateral move. Same deal if another place offered $90k with dogsnot benefits. Having the total number including benefits makes it easier for me to do an apples to apples comparison with other jobs out there.
blairandgretchen, singlescrewshaker, Trucker61016 and 1 other person Thank this. -
singlescrewshaker and truckdriver31 Thank this.
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