New Flatbed driver, I think I'm being Paid fairly what do you think?

Discussion in 'Questions From New Drivers' started by TampaTony, Dec 13, 2015.

  1. Mattflat362

    Mattflat362 Road Train Member

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    Sorry if I missed it but are you getting a 1099 where you have to pay your taxes or are they giving you a W2 and paying taxes for you?

    If you are making those numbers on a 1099 get out fast IMO.
     
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  3. TampaTony

    TampaTony Medium Load Member

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    W2, should not matter as I posted what I grossed not Net.
     
  4. Lepton1

    Lepton1 Road Train Member

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    When I started my gig running to the oil fields on 25% I started a spreadsheet, tracking each load. I keep track of loaded miles, deadhead miles, line haul amount, and accessoral amounts. Then each paycheck I look at TTT (To The Truck) and the amount I earn.

    I do all this to create an accurate business plan for when I buy my own truck. I've had paychecks as low as $400 and as high as $2800. I track overall average and a running average for the last 4 weeks.
     
  5. TampaTony

    TampaTony Medium Load Member

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    Spreadsheets? Maybe my wife can do that. I'm not into spreadsheets but I'm sure your very successful with that type of analytical approach.
     
  6. Mattflat362

    Mattflat362 Road Train Member

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    Oops your right.

    I guess I would need to see net to give my opinion.
     
  7. Mattflat362

    Mattflat362 Road Train Member

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    Heck even if you take 30% out for taxes I would be happy with those numbers starting out.

    And HUUUGE thing to me is liking/trusting the people I work for and the equipment I drive......so you sound all set IMO!
     
  8. TampaTony

    TampaTony Medium Load Member

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    Yea, that's a whole new can of worms. Right now I claim 0 and I have 3 kids and a wife to support. I have friends that have kids as well and they claim 13 to 15 and still get a good return. I would like to claim 13 but my wife is fighting me on it. She would rather get a larger return at the end of the year. I think I'm going to change it to 13 because I always have the final say on things. I need more money now not later.
     
  9. Mattflat362

    Mattflat362 Road Train Member

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    I HATE the gov holding my money for me! SILLY!!!

    I don't even like that mentality at all! My wife was the same way and I over ruled her...
     
  10. TampaTony

    TampaTony Medium Load Member

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    Your right about trust and equipment. I drive a brand new Pete and the people have been great so far.
     
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  11. Espressolane

    Espressolane Road Train Member

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    23 percent is at the low end of pay rates for the loads and area your running.

    As a new driver, this is not unusual for starting out.
    As time in the job you have the opportunity to see an increase in this rate. At six months, I would think that they should bump that at least 1 or 2 percent. After that it would be normal to see a 1 percent increase every other year to top out around 32 percent

    The one thing that seems out of the ordinary here is the fuel charge. At a rate of 23 percent, I would expect the company to pick up the fuel cost. Possibly having a small mpg based bonus program.
     
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