I wouldn’t worry about what the banks think, at least don’t let it effect your decision. My mortgage company wanted to see W2’s. That tells the real story.
Need advice- Stay CPM or move to salary?
Discussion in 'Experienced Truckers' Advice' started by Feather.579, Oct 14, 2020.
Page 2 of 3
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
-
Is company busy year round? If it’s heading into it’s busy period cpm makes sense if it’s hitting it’s slow period salary sounds nice. Like other poster stated if enough go salary the cpm guys will sit most likely .
-
Given your situation I would probably opt for salary... Unless there is a REALLY GOOD chance you will be forced into running many more miles.
I'm more curious as to what lanes you run... Coast to Coast? And how long are you out between home times. The reason I'm curious is that I currently get 42 cpm and I net nearly as much as you gross... And I and I'm home for 2 to 3 days out of every 8 to 10 days. I also run reefer.
I know that I run more miles than probably 90% of drivers on the road, but I didnt think it was that many more miles. -
Pay seems low but I’m not sure what part of the country you are in or how much experience.
-
If you are forced to run out your clock everyday you will be doing 550-600 miles. Okay so 6 times 600 is 3600 and 50 cents per mile would be $1800. Shipex pays $1254 so in essence they are 'stealing' close to $600 every week.
What I do like and which my company has is a base guaranteed minimum pay. You have to be available everyday and lets say you get a bunch of short runs or get hung up at a shipper, you still make the minimum which is something like $1100. Most weeks I out earn that. Psychologically I like the incentive that there with cpm because at the start of every week Im ready to earn as much as possible. Meaning Im ready to run hard. With a flat salary every week you dont get that- the job is kind of boring and you are going through the motions.
As far as buying a house, a bank will just look at your ave salary per week over whatever time you worked there. Plenty of people buy houses who get paid on commission so it wont be a problem.Last edited by a moderator: Oct 15, 2020
Reason for edit: Skirting profanity filterkylefitzy and LtlAnonymous Thank this. -
-
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 3