Sign On Bonuses - are they really worth it?

Discussion in 'Discuss Your Favorite Trucking Company Here' started by Regional Life, Jan 15, 2013.

  1. Regional Life

    Regional Life Bobtail Member

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    Jul 27, 2012
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    Think about this - why do companies offer a sign on bonus? Desperate for Drivers? Or, do they need to use them to supplement your pay when you have low miles and low pay?
     
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  3. Blanche

    Blanche Medium Load Member

    420
    73
    Dec 16, 2012
    Sacramento California
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    I'll tell whats worse? These company cheerleader drivers who get a set amount of referral money to recruit new drivers, some of those cheerleaders make a killing bragging about this and that at the company they drive for and some of these schmucks have the nerve to tell you they don't recruit.
    Yeah right! Can't stand some of these big mouths!
     
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  4. Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,735
    12,456
    May 28, 2009
    Rancho Mirage, Ca.
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    A sign-on bonus is to entice drivers to come to work there. However, (I use this word a lot) it is paid in encrements, because, a new hire could get his sign-on bonus and bail aweek later. So, a $500 bonus will be paid, for instance, a $100 after first dispatch, then another $100 30 days later etc. Plus, it's taxed. While we're on the subject, be advised that many companies will back charge you for orientation food/motel/bus etc. if you quit before 6 months.
     
  5. Warlock4

    Warlock4 Bobtail Member

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    Jan 3, 2013
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    Well, of course they will back charge you for that stuff! They pay to get you to their facility, put you up in a room and feed you, drug screen, physical...etc. Companies do alot of under handed crap, but I can't blame them for that!!
     
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