C.P.M or PERCENTAGE

The last place I worked, I was paid CPM + FSC, and drop pay ( $16.00 WOO HOO ) after first drop, most loads were 3 drops. The dude short miled everything. I made decent money over all, but it involved A LOT of mountains, so my truck wasn't going to be a million mile engine, I could see that coming. The dude would get me for 100 free miles each way from Phoenix to Denver. I even ask once to see the paid mile routing they were using, and the computer was broke at that particular time. Anyway I simply couldn't live with this.
Now I make percentage plus FSC and the world is a much better place.
Now I also own ( me & the finance company ) the truck independently from any company, doesn't give the company the kind of leverage they have over you if your getting the truck through them.
You sound like you have a choice as a company driver. I'd go CPM if it is company.

 

freight rates vary so look at what the loads you are hauling pay versus what you are earning now. Does your employer even offer the option of percentage pay or were you planning on making a job change.

 

If I was getting percentage it would be as a company driver. I think companies should calculate CPM like percentage.

 

Unfortunately, due to "creative calculating", vaguely worded ads, and recruiters lying through their, teeth a lot of new drivers do end up working for peanuts.

Percentage usually works out better for local / intrastate and regional drivers than it does OTR drivers. You might be lucky to run 800 miles in a week running local or intrastate so being paid a portion of what the load is paying is more in your favor than being paid by the mile.

 

First, you are new and will make peanuts. Don't feel bad we all started at the bottom. With percentage pay you have to be able to pick your freight. Otherwise you could be getting 30% of a buck a mile load when there is a $3 pm load going to the same place that your dispatcher is giving to his buddy.

Where percentage really pays off is when you make the leap to O/O. Not to say it can't pay off as a company guy, but unless you are in control you have NO control over your pay.

 

20% of $.90 = $.18 cpm

 

I run semi-local/regional and make 28%. Usually make 1.00 a loaded mile and .50 all miles. Love my percentage pay.

 

not much at all after you broke it down I would say % and CPM pays about the same as a company driver hauling general freight.