73 a week for a single guy is dirt cheap. Obviously you haven't bought health insurance. Next go price yourself workmans comp, not some cheap occ/acc insurance but true workmans comp like prime(and every other employer) has to provide for their employees then you can sit at the adult table and have a conversation about the value of employee benefits. Right now you are absolutely clueless on the subject.
Grossing $5k Per Week
Discussion in 'Ask An Owner Operator' started by csmith1281, Nov 5, 2017.
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I'm looking to hire a driver: @$70k salary, workmans comp quote I got last week was $11k. That was the cheapest: all the others were over $20k a year.Scooter Jones, Toomanybikes, csmith1281 and 1 other person Thank this. -
Im surprised its that cheap. I was paying nearly that 10 years ago.csmith1281 and Ruthless Thank this.
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It was 70k worth of benefits over 3 years so I suspect that he was actually lowballing it.csmith1281 and spyder7723 Thank this.
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My example was $70k per year salary; just workmans comp was $11k, not taking into account health insurance premiums, and other perks I'd offer an employee. sounds like it's gonna end up costing me about $100k a year to have an employee.Toomanybikes, csmith1281 and spyder7723 Thank this.
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Take the salary, then tack on another 40% and you get a rough ballpark of what an employee actually cost.
Ruthless and csmith1281 Thank this. -
I'm suddenly insanely happy that my future employees sit at desks and work the phones.
PPLC and spyder7723 Thank this. -
Definately gets you lower workmans comp insurance.
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You know most of the companies that fleace and file an SEC report only average $4k-$5k to to the truck. And most are closer to $4k. That should give you an idea how these companies operate.
Don't expect them to take a cut of gross revenue and still expect much more then their average revenue under the same operation that fleaces to you. The run a certain way; don't expect them to move heaven and earth to make you more money.
They have their customers and operations that work for them. They obviously make themselves money. Why would they care if you make money?
Could not imagine any fleacer grossing $5k a week. BS about it, yes. Actually average it over the course of a fleace term, no.
Ah-hu. Why would you ever have a different impression of that?
Oh, and about the MPG. 6.8 mpg is a great realistic number with a Crapcadia. If you read the lie-o-lot meter in the dash it will read much higher. If you do an ecm dump it will read the artificially high number of the dash. It always amazes me how all these "well researched" fleecers and mega companies are not aware of real fuel milage and quote fantasy gauge numbers. -
Dude, CSmith please every thought in you're head doesn't deserve another thread. You see that box up top to the left it's called search. Do you know why I don't have a thread I started?? Because I read others advice. Rename this one CSmith prime experience and ask all you're questions on this thread from people who have experience. Unless you have a real valid problem will report you to mods. I know you're new but you're not going to clog up The Trucker's report with constant questions on hundreds of different threads. That's why they invented the search box. Just for you.!!!!!!
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