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25% Off the top

Discussion in 'Ask An Owner Operator' started by SmileyMike, Apr 4, 2016.

Page 1 of 3
  1. Apr 4, 2016 #1
    SmileyMike

    SmileyMike Bobtail Member

    13
    2
    Mar 3, 2016
    Clarksville, TN
    0
    I'll ask here since O/O's deal with percentage more.

    Offered a job:

    Pay is 25% off the top of every load. Enough freight to stay busy, and it's pulling hoppers and occasionally flatbed nursery loads. Their truck/trailer(s). Paper logs, fuel card etc. 1099 instead of W2.


    I'm sure I'm missing stuff, but this is a start for the discussion.

    Thoughts?
     
    SmileyMike, Apr 4, 2016
    SmileyMike, Apr 4, 2016
    #1
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  3. Apr 4, 2016 #2
    DUNE-T

    DUNE-T Road Train Member

    7,021
    17,080
    May 10, 2015
    Detroit, MI
    0
    well, whats the top?
     
    DUNE-T, Apr 4, 2016
    DUNE-T, Apr 4, 2016
    #2
    whoopNride Thanks this.
  4. Apr 4, 2016 #3
    Iggydispatch

    Iggydispatch Bobtail Member

    13
    8
    Aug 6, 2015
    Cut Throat, IL
    0
    He means 25% of the gross pay....Its a sketchy road considering dispatchers honesty will make or break your check
     
    Iggydispatch, Apr 4, 2016
    Iggydispatch, Apr 4, 2016
    #3
    SmileyMike Thanks this.
  5. Apr 4, 2016 #4
    Brandt

    Brandt Road Train Member

    4,612
    6,330
    Sep 17, 2012
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    1099 you will have to pay more taxes. If your driving their truck your really an employee I would think.
     
    Brandt, Apr 4, 2016
    Brandt, Apr 4, 2016
    #4
    passingthru69, 12 ga, Bean Jr. and 1 other person Thank this.
  7. Apr 4, 2016 #5
    SmileyMike

    SmileyMike Bobtail Member

    13
    2
    Mar 3, 2016
    Clarksville, TN
    0
    Small 6 truck operation. No dispatch, well technically. The owner and his wife, who own the trucks, get your loads for you.

    1099 does pay more, but deductions help offset that and 1099 means private contractor rate for per diem so you get more on that end (already talked to my accountant).
     
    SmileyMike, Apr 4, 2016
    SmileyMike, Apr 4, 2016
    #5
  8. Apr 4, 2016 #6
    Iggydispatch

    Iggydispatch Bobtail Member

    13
    8
    Aug 6, 2015
    Cut Throat, IL
    0
    Market 2$ AVG....... 25% is 50CPM
    market $1.5 AVG...... 25% is 37.5CPM
    simple math
     
    Iggydispatch, Apr 4, 2016
    Iggydispatch, Apr 4, 2016
    #6
    SmileyMike Thanks this.
  9. Apr 4, 2016 #7
    SmileyMike

    SmileyMike Bobtail Member

    13
    2
    Mar 3, 2016
    Clarksville, TN
    0
    Still more than I'm making here lol Plus I don't need insurance since I have VA for my medical needs. Kid's insurance etc. is through the wife's work.
     
    SmileyMike, Apr 4, 2016
    SmileyMike, Apr 4, 2016
    #7
  10. Apr 4, 2016 #8
    Pete jockey

    Pete jockey Medium Load Member

    502
    518
    Feb 28, 2015
    North of Pittsburgh Pa
    0
    Are they going to show you the "actual" rate? Or show you a bogus rate?
     
    Pete jockey, Apr 4, 2016
    Pete jockey, Apr 4, 2016
    #8
    12 ga Thanks this.
  11. Apr 4, 2016 #9
    SmileyMike

    SmileyMike Bobtail Member

    13
    2
    Mar 3, 2016
    Clarksville, TN
    0
    Actual. We get to see the invoice on all loads.
     
    SmileyMike, Apr 4, 2016
    SmileyMike, Apr 4, 2016
    #9
  12. Apr 4, 2016 #10
    Iggydispatch

    Iggydispatch Bobtail Member

    13
    8
    Aug 6, 2015
    Cut Throat, IL
    0
    Thats another thing to worry about.... If you can get the copies of invoices or rate confirmations emailed to you that would help the trust issue... 1/4 of it is your money
     
    Iggydispatch, Apr 4, 2016
    Iggydispatch, Apr 4, 2016
    #10
    SmileyMike Thanks this.
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