How much is avg mpg bonus?
Discussion in 'Experienced Truckers' Advice' started by BJG, Jan 14, 2013.
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I buy my own fuel and if I drive 55 instead of 65 in a full day I will keep $40 in my pocket when I fuel.
That should give you an idea what a measly pittance the boss gives a company driver for a whole month of draggin'arse and freezing/sweating all night. -
Don't know never have gotten it. There is alot of factors in our bonus program and I don't ever qualify for it. I have to many out of route miles and not the greatest fuel mileage.
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That's $1120/month (4 days off), $3360/quarter, or $13,440/year. $13 million for a company with 1000 trucks... Measly pittance? I'll say
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Yes.
But if we all drove 55 how much would be lost due to longer transit times, and the increased pay to compensate?
Because if I were made to limit my speed to 55, I would need/want/demand several cpm more.
And I'll not freeze or sweat all night. I idle as needs be. (but I try not to idle more than that.)
It's really a toss up, the balance between bottom line fuel mileage and productivity. IMO. -
Ours is escalating starting at 1 cent per mile for the quarter at 6.5 mpg and an additional cent for every half a gallon above that. Oh and we have APU's.
We also get a separate cent a mile safety bonus, and a cent a mile if your over the average per month bonus.Last edited: Jan 15, 2013
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Of course you should sit down and figure out for yourself how to best optimize your own profits. I'm just saying those relatively small differences in single fill-ups do make a huge difference cumulatively.
And if you're not able to get enough freight to run 3000 miles/week (which the majority of solo drivers on this board don't seem to exceed these days), you really don't have the need to run 65mph all the time. -
Not that much unless you have open appointment times.
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The last one I got was a quarterly bonus, and it was 528.00. Been over a year since ive been with company that offers them now though.
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Have any of you run the numbers? It would appear the company is highly motivated to save in fuel costs. Someone smarter than I can check my math, but I made a simple spreadsheet.
[TABLE="width: 272"]
[TR]
[TD]avg mph[/TD]
[TD]hours[/TD]
[TD]Total Miles[/TD]
[/TR]
[TR]
[TD="align: right"]70[/TD]
[TD="align: right"]10[/TD]
[TD="align: right"]700[/TD]
[/TR]
[TR]
[TD="align: right"]60[/TD]
[TD="align: right"]10[/TD]
[TD="align: right"]600[/TD]
[/TR]
[TR]
[TD][/TD]
[TD]Difference[/TD]
[TD="align: right"]100.00[/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Driver pay[/TD]
[TD]at $.40/mile[/TD]
[TD="align: right"]$40.00[/TD]
[/TR]
[TR]
[TD][/TD]
[TD]5 days[/TD]
[TD="align: right"]$200.00[/TD]
[/TR]
[TR]
[TD][/TD]
[TD]50 weeks[/TD]
[TD="align: right"]$10,000.00[/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]avg mpg[/TD]
[TD]Total Miles[/TD]
[TD]Fuel Cost[/TD]
[/TR]
[TR]
[TD="align: right"]5[/TD]
[TD="align: right"]700[/TD]
[TD="align: right"]$560.00[/TD]
[/TR]
[TR]
[TD="align: right"]7[/TD]
[TD="align: right"]600[/TD]
[TD="align: right"]$342.86[/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Fuel Cost[/TD]
[TD]Difference[/TD]
[TD="align: right"]$217.14[/TD]
[/TR]
[TR]
[TD="align: right"]$4.00
[/TD]
[TD] 5 days
[/TD]
[TD="align: right"]$1,085.71[/TD]
[/TR]
[TR]
[TD][/TD]
[TD]50 weeks[/TD]
[TD="align: right"]$54,285.71[/TD]
[/TR]
[/TABLE]
That's astounding to me.
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