Schneider offered a $2000 sign on bonus to me as a new hire with low experience (2 months). This seems kind of low. Is it, should I counter?
Low Experience Driver - Sign On Bonus
Discussion in 'Questions From New Drivers' started by Labrador, May 9, 2022.
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Many companies are offering $10,000. bonuses.
Do the work and have the names ready when you demand more.Labrador Thanks this. -
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What LTL co was this? Is trucking slowing down that bad? I thought it was still going strong.
Geekonthestreet Thanks this. -
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You might have some fine print to consider whenever there is a sign-on bonus involved.
Labrador Thanks this. -
The most important thing about a sign-on bonus is it's paid out in stages. I've never heard of one that was a lump sum payout before 90 days.
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I started with Scheider doing OTR in 2018 and my bonus was $8000
Labrador Thanks this. -
Sign-on bonuses are usually a function of several different factors--how tough a time a carrier is having filling a position, where the job is, & the lanes you will run.
If you have previous LTL experience bumping docks, that definitely counts as leverage to bargain for more sign-on bonus.
Be prepared to discuss your previous experience in detail (if you haven't, already), and...as mentioned above.....be ready with names/other examples of better sign-on bonuses.
And yes, sign-on bonuses are paid out in stages. Find out how much/often/when each portion is paid.
It's definitely a driver's market out there right now....and recruiters know this, so.....don't become too attached to any one particular driving opportunity.
There's more where that came from, if that one somehow doesn't work out.
Also--what endorsements do you have?
Generally speaking--the more endorsements you have--the more leverage you have (now--and later) for better sign-on bonuses.
--LualLast edited: May 11, 2022
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