Per diem pay

Exactly, and if dont want to get ripped off, dont work for any company that doesnt give the driver a $66 per diem for each day away from home...including the weekends.

 

Don't forget, that per diem is just part of your normal pay redirected to a non-taxable status. You do not make extra gross income, you just pay less tax.

And that also means that your reported income is less, which could impact you when you want to get a loan, or later in life with things like social security.

 

Now you are bringing in common sense, and that will just further confuse winch, who is already plenty confused.

 

lol..its hillarious seeing company owners and office staff get in a tissy when someone brings up per diem and how many drivers are not recieving the full benefit.

 

No tissy.
We are just laughing at your ignorance!
It's actually really funny to me.

 

It's funny how the per diem conversation has gone in totally the opposite direction in this last year.

Before, people were saying to avoid it by any and all means and to claim it on your tax return at the end of the year.
That option seems to have gone away, so now people are saying to avoid companies that don't pay it.
It has gone from 'the company taking advantage for their own profit' to 'any decent company will pay it'.

Too funny.

The only real advantage I have found with taking per diem pay from the company is with child support payments.
A lower reported taxable income means a lower child support payment.

 

I think its funny that you cant let this go. Sorry that me stirring the pot brought you to the surface.

 

Not stirring man...please keep it up...you're looking more foolish by the minute!
Don't stop now while you may still have a shred of dignity or credibility left...you keep digging the hole man....keep digging...

 

Do Not Take Per Diem pay !!!!!! Unless you are avoiding paying child support or other debt.

This does not benifit the employee and only benefit the employer. Per Diem is a reimbursement to travel cost. Therefore you will not be able to claim the per diem allowance on your income tax because you already gotten the reimbursement.

Example of pay rate $200/day.
Option 1: Take $200 pay on W2 as employee.
Option 2: Take $150 pay on W2 as employee and receive $50 as per diem reimbursement.

When you try to get a mortgage or loan, only your W2 income will be counted as income. The Per Diem will not be counted as income.

If you are injured on the job, your disability or unemployment payment will be based on your W2 without per diem.

The employer will only pay your Social Security tax based on your W2 and not on your Per diem. Meaning, you get less money in your Social Security account.

These are some of the main reasons why companies wants to pay employee per diem.

 

Some carriers add a "fee" into the per diem. My understanding is Knight started doing this. Their per diem is voluntary. So they tell you that you are being paid .10 cpm per diem but they deduct a fee of .02 cpm off the .10. If you run 120k miles per year that's $2400 in fees they're charging a driver. It wipes out a chunk of the "tax benefit" that per diem is supposed to offer.