Company wants me to take a pay decrease

Is it better for a company to make the tough decision of lowering wages or to keep paying the same rates then go under a year later and leave the entire company in the unemployment lines.
If you dont think these might be the only two options for some trucking companies right now, you have not been paying attention.

 

When would a CPM company be required to pay unemployment?

 

As long as you are W2 and serve as an employee and not a contractor, I am pretty sure you are still eligible for unemployment

 

Truth is most don’t care about economics and only what gets put in their mouth, one spoon full at a time. How can you be a truck driver and not know that with the industry? Record high costs and overcapacity, we are in a freight depression. It’s all over trucking news and regular news. Too many drivers and companies for a handful of freight. May be staying busy but revenue is lower. If you’re a driver save some money for when you get laid off or your miles get reduced you can be ok.

 

The CPM thing came in when drivers would just roll slow and get paid more.

Carriers introduced CPM to bypass that.

Now you can roll fast and get paid more.

Of course they can still get unemployment.

 

Not necessarily. Rolling fast doesn't necessarily guarantee more money. If your company dispatches you on a load that's 900 miles, and it has a live unload appointment, you're going to get paid for those 900 miles whether you run 75 or 62. The only way that logic applies is if you work for a company in which it's all drop and hook, you never have to look for an empty, and your reload or an empty is available upon arrival. That definitely is not every time. The most efficient driver makes the most money, not the one who drives the fastest.

 

And no one has ever showed up a day early and got unloaded?

 

See this phrase in my post: "not necessarily." Of course drivers have shown up early and got unloaded. Me being one of them. That ain't going to happen all the time.

 

They may be doing it to cause people to quit, that way they won't have to do layoffs.

 

@Flat Earth Trucker
This actually is good advice by @REO6205. Myself having been out of work in the past, a pay cut, while NOT a good thing, is STILL BETTER THAN BEING UNEMPLOYED.

As shown below, I posted a response for you, hoping that it will be a positive for you.

Again, the absolute best of luck to you and your family! God bless you and your family!

God bless every American and their families! God bless the U.S.A.!

The absolute sheer driving force of our national economy - without truck drivers, our entire national economy would come to an absolute standstill - if not outright be dead.

Over the mountains, through the woods, into the valleys, coast to coast, from sea to shining sea - truck drivers can and do go anywhere and everywhere, every day, every night, all year round.