Good terms for owner operator?

What are good terms for Owner/Operator? If you work on percentage of the take split, what do you expect to be the percentage? This is assuming you have your own truck and trailer, pay all your own insurance (cargo, liability etc) and don't need fuel advances. What other benefits do you expect?

Please be realistic. We're looking to hire O/Os and we want to be fair. We book all loads based on "total to the truck", not based on some low rate plus fuel surcharge, so the split has to be based on total amount, not a base plus surcharge. Trying to keep it very simple.

 

Because you want to spend time on the road, not looking for loads. It takes surprisingly much time to actually find something that pays well. That's why I asked about FAIR split, not ridiculous rates.