Schneider and Driver Bonuses

Discussion in 'Schneider' started by Blackbob, Nov 28, 2017.

  1. Blackbob

    Blackbob Light Load Member

    113
    33
    Sep 12, 2016
    Broken Arrow, Oklahoma
    0
    So I was contacted today by a recruiter for Schneider and it's a regional position. Max 750 miles with 2k to 5k sign on bonus with no contract obligation. What kind of experiences have you guys had with these sorts of deals with Schneider? How long was the payout and what was the catch ? This is for the mid-west region if that helps. Any help would be much appreciated.
     
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  3. mickeyrat

    mickeyrat Road Train Member

    7,859
    7,542
    Nov 24, 2011
    on my 30 min break
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    pays out over a year and 90 days. typically on a percentage schedule of 20 20 20 40 at 90 days 6 mon 9 mon then a year from the first payment
     
  4. Blackbob

    Blackbob Light Load Member

    113
    33
    Sep 12, 2016
    Broken Arrow, Oklahoma
    0
    Oh ok, overall how was the process,straightforward?
     
  5. mickeyrat

    mickeyrat Road Train Member

    7,859
    7,542
    Nov 24, 2011
    on my 30 min break
    0
    yes. after 90 days your first payment is paid out with that next check. 6 months from the first your second payment shows up. and so on , all payments are based off receipt of the first one.
     
  6. mickeyrat

    mickeyrat Road Train Member

    7,859
    7,542
    Nov 24, 2011
    on my 30 min break
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    was off in my times. its 45 days then 90 then 6 mon and then a year.
     
  7. Blackbob

    Blackbob Light Load Member

    113
    33
    Sep 12, 2016
    Broken Arrow, Oklahoma
    0
    Yeah, I was told today it was 3 payments over the course of a year.
     
  8. tazman74

    tazman74 Light Load Member

    254
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    Feb 27, 2013
    Albert Lea, Mn
    0
    For owner ops.

    Lease-on Incentive (if applicable)
    You are currently eligible for a lease-on incentive for this particular Schneider lease opportunity. The details of your lease-on incentive are described below:



    Lease-on Incentive Total: $4000.00



    • The incentive shall be paid out in the following five separate installments:
    First payout to be received 2 weeks following lease date = 20% of incentive total
    Second payout to be received 6 weeks following lease date = 20% of incentive total
    Third payout to be received 10 weeks following lease date = 20% of incentive total
    Fourth payout to be received 14 weeks following lease date = 20% of incentive total
    Fifth payout to be received 18 weeks following lease date = 20% of incentive total


    • You must meet all general leasing requirements set forth in the Independent Contractor Operating Agreement executed and have accurately represented all personal information during the leasing process.
    • You must be leased at time of payout throughout the incentive payout schedule in order to receive that applicable payment.
    • You will not be eligible for the lease-on incentive if you had previously been leased with Schneider and you have been gone for less than 6 months from your new lease date.
    • Please remember that all incentives are subject to being reported as income.
     
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