What determines sign on bonuses?

They can promise the moon, but they can incorporate so much fine print, it's doubtful anybody ever sees any of it, much less all ALL of it, and the little they do see will probably be spread out over how many years and/or beginning when?

 

Look at it this way. If it's a great company like this why would they need to advertise?

 

"Sign on bonus" is another way of getting dumbed down sheeple to work for peanuts.

I'll give you a $15000 sign on bonus to run my truck. I'll pay you a great wage of $0.17 per mile on about 11000 miles per month average! Hold on im still working on the rest of the fine print.....

 

my guess is 2500 relocation package and 2500 sign on bonus, i had a us express recruiter i don't want tell name and number but i still have them saved on my phone he offered me 7000 $ bonus to move out to indianapolis and stay with them for a year i was going to take it but i was at the ta and i ask an experienced driver for advice here is what he told me, if that job was that good you would have been in a waiting list until Mr Super trucker with 5 to 40 years experience decide to retired to get that job

 

For the most part they're for drivers with experience. They usually don't give them to trainees.

It's usually a good indication that they're desperate for drivers, and you have to ask yourself why they're desperate.

 

Sounds like Schneider. Yes they are desperate and the exceptionally large sign on bonus would not be necessary if they could keep drivers. Schneider wants the best but won't pay for it.

 

It also says 'up to $54K a year' meaning that is the top dollar you will earn there, so base your average on roughly $40K a year to be more accurate.

 

Because there's a new trucker everyday of the week that doesn't know any better. Marketing themselves, that's part of their day. It's not clever, it's not stupid, it just is what a big company does, they play the numbers. Drivers get unhappy and they're going to move anyway, that's who reads those ads and hope for a better shot.

 

When you put it that way, it seems like their taking cues from the Vegas bookies. They want you to come and give them your talents and services for a time, but they're betting and taking the odds that they'll never have to pay off on the 15:1 wager.