Per diem question

It means that the company you are working for is looking for the easy way out, so they will save money at your expense. They're going to be saving on your Social Security taxes, and you, by getting paid under the table basically on 32% of your salary are shorting yourself on the points necessary to receive a decent Social Security check later in life.
You are far better off making sure the company pays you 100% as taxable income. For example, if you were to become disabled, you'll get far less per month in your disability check. It's just not worth it.
Also, you will lose the ability to claim the $56 per day in employee expenses on your tax return. I guarantee you the company will make out way better than you will with a deal like that.
I'll dwell a little more on what i'm saying. Lets say you are hurt at work, and workers comp pays you 65% of your gross wages tax free. Using your figures, making $680 per week will net you a check of $442 per week, but if you are paid correctly at $1000 per week, your check will be $650, or $208 more per week.
In short, you'll get a little less now, but far more later.

 

And don't forget the income that not list on your W-2 when you want to go get a mortgage or auto loan ... Plus the government give you 80% of $59 ? A day each day your away from your home

i claimed a credit of 80% of $18,000 off my taxes last year for a refund over $2000

i agree with everything said above ^^^

 

Unless the trucking company requires you to take per diem, it would be more beneficial NOT to take in the long run. It is really your choice.

 

A company can require you to take per diem, but they can't force you to drive their truck. I would opt for someone else to drive their truck, while I go out and get a job that actually pays.
When a company pays per diem, they are "padding" the earnings to make it appear the drivers are making more than they actually are earning. Sounds great when you're talking to the recruiter, but the driver loses in the end, as usual. Wake up guys. We already take enough of a beating from companies too cheap to pay drivers what they deserve. Do they need to bend over and give them more?

 

True. It's kind of hard to get credit when you can only show wages at the poverty level.

 

also if your company has profit sharing it will be lower with per diem, because it will show you are making less money.

 

Companies do NOT like having to pay into an employees social security, unemployment, or workman's compensation account. They consider it costly on their part. On the flip side of things, it is costly on the employee's part when the company opts out of meeting these obligations.

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

 

It benefits the company while shorting the employee.

 

Because of the way per diem is set up, this can also be embarrassing to the individual driver trying to get a loan or get credit.