How much would it take.

Ouch... id be in the poor house at those rates... I take home more than that AFTER taxes... $1000 to $1200 a week. Plus bonus.

 

I agree with that $800 a week gross for new drivers, And they are working close to 70 hrs a week for that.

 

The best strategy is to know how much you need to bring home each month to pay your bills and save. Then take the cents per mile offered and multiply by 2500 miles per week. Then take 78% of that as an average take home after taxes times 52 weeks divided by 12 months and if it equals more than your bills and savings requirement, your good. If it doesn't equal your bills, why bother taking the job? Maybe you will get more miles per week, but what if you don't? Save yourself the headaches and do your homework.

 

Average is about 28.5% income tax.
So i just looked at payroll for June, my lowest paid driver last month is a newbie to me, she took home $10,723.65 after deductions.

 

Holy crap!!! Man... That would be some awesome pay that would!!!

***in the back of my mind*** "Oh Canada, oh Canada... "


Lol

 

By my calculation $7,667.41 after deductions in American dollars. She should also get some tax refund in the spring as I always deduct a bit more than needed, every employee i have gets a tax refund.
This doesn't include the 2% safety bonus they get if they have an accident free year, and every driver i have got their safety bonus again last year. In Canada we also must pay employees 4% holiday pay if they work for an employer a year or more.