He's doing the same thing I did. Just take the gross pay and divide it by the miles. The pay can come from whatever (miles, detention, drop, etc...). We both just converted our pay to cpm. Example, as I stated above, I actually make .45 cpm, but because I have so much stop pay (we have a LOT of stops every week, sometimes 15-20), my pay works out to .58 cpm.
Poly Trucking What you need to know !
Discussion in 'Discuss Your Favorite Trucking Company Here' started by IndianaF150, Sep 27, 2015.
Page 31 of 47
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Yes , the turnover is upwards of 11 people a day company wide
and of that up to 20 a month are drivers . Only a handful of the
old hands are still there.
Poly takes people for granted , they have never shown any signs
that they give a hoot about anyone but themselves in my time there.
I heard they dropped the night shift in the shop , they can't hang
on to techs according to one of the guys there. Other week they were
something like 90 trucks behind on the board.
Im out of there as soon as something opens up thats suitable
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Poly doesn't have no regional.. lol Not when I left a month ago and not as of a week or so when a couple of guys I know quit.. He must be talking local.. And that pays minimum wage..
Frank Speak Thanks this. -
Poly doesn't "pay" perdiem. They do some accounting wizardry that they call perdiem. They use it to lower your gross pay so it reduces the amount the company has to pay the government in the employer's portion of payroll taxes. It isn't for the benefit of the employee.28 Thanks this.
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We get 63$ per day for per diem. So if you do 2000 miles in four days. That would be $1000 because we get 50cpm. The per diem is $63x4 which is $252. So taxable income would be 748 and per diem 252. Not to difficult. The only part I don't know is how they figure the days out because some days are half days and I don't know the criteria for a full or half day.
Or I could be totally wrong and the math just works out for me on my last couple pay stubs. -
They don't pay $63, they remove it from your gross earnings. And they only remove it for days you're under dispatch AND away from the company property(or at home for the days you list on the trip sheet). What it does is reduce your tax at payday, but in the long run it appears that you earn waaaay less if you wish to finance something like a car or a house. And that $63 is the full amount the IRS shows as a deduction BEFORE you subtract the 20% you're not allowed to deduct.ArmyGuy Thanks this.
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Hmm in my head, what I said and you said are the same thing just you are better at explaining it lol. In my life I haven't had a situation where per diem affected me so I don't have a strong opinion on it good or bad.
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I was denied a personal loan to pay off my credit cards because of their geometry. The loan manager would only look at the adjusted gross(after per diem calc) not the pre-per diem amount plus the drop pay. I honestly will never work for a company that forces it.
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Come retirement you will also have put in less so your social security payments will be less.
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Yep, and if you get hurt and have to get workers comp or get so sick that you draw disability your benefit amount is lower.tahokid Thanks this.
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