Companies with Legitimate Weekly Guarantees?

Here's how that guarantee works out...
You run 4 weeks...
First week, you miss guarantee by 200 bucks, so the company makes it up...
Second week you beat it by 200...company takes it back to compensate for the week you missed it...
Third week, you miss by 100,so company makes it up... 4th week, you beat it by 200, but company takes back 100 that you missed it by, and you only see 100.
Guarantee pay is a good thing, especially in modes that are seasonally affected.
Between January and March, there's no way I'll beat guarantee. The work just isn't there.
The rest of the year, it's easy to smoke the guarantee just running my shifts,without having to pull the 6th day.
The core benefit of the guarantee is to level out your checks, so you don't have a surprise short check that screws you in your personal budget.
It also helps keep you in their seat when they can't keep you running full bore due to breakdown, delays, weather, etc.
Is expensive training a new driver.
Much cheaper to do it this way, and they always get their money back on their investment.

 

@Redtwin --

Above....you said...."it's not hard to hit $100k here"

How many weeks do you have to stay out to do that? Then....how much home time do/would you get?

--Lual

 

I’m curious too; my company has minimum guarantees and they’ve certainly never taken anything out of my check on the good weeks.

I recently switched dedicated accounts and they had me at the wrong pay rate; they said they are fixing it, but adding a payment could prevent me from getting the minimum guarantee if this week is slow… so definitely gonna be watching to see how they go about it.

 

Weekly guarantees like everything else in life have requirements.. a lot of people that complain that they got screwed on the weekly pay guarantees usually didn't meet the minimums. We have a weekly guarantee for 6 months.. after that, and with the potential pay level for the average driver.. they don't need to min pay if they even put out minimum effort

 

I usually stay out 5 weeks, which equals 5 days off...officially. I've been known to take longer than that, but no guarantees. If I get to Winter Haven a couple days before schedule I throw my stuff in my car and haul b out of there before anyone notices.

 

As mentioned many times in the IRT thread, I figured out I could make considerably more money doing Canada loads.

I've never received nor solicited referrals from anyone. Even drivers I speak to in person. I speak openly about how it is here, but never tried talking them into coming over. I would dread doing that, them not liking it and somehow thinking I misled them.