percentage pay vs cpm

Discussion in 'Ask An Owner Operator' started by biglarry, Aug 21, 2014.

  1. biglarry

    biglarry Bobtail Member

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    Jun 11, 2010
    Atlanta
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    I am about to start working for a guy who only has four trucks.He wants me to pay me 50% of the load after fuel tolls and repair
    or 38 cpm, told him I will think about it. Which is the better offer.
     
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  3. snowwy

    snowwy Road Train Member

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    Jul 6, 2009
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    is that ALL miles. or loaded miles on the cents.

    come payday, it's all about the same. but most companies only pay in the 25% range.

    if he has you deadheading across the country for next loads. the percentage won't be so good.

    curious as to why you asked in the owner operator section though?
     
  4. poppapump1332

    poppapump1332 Road Train Member

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    birdsboro,pa
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    Percentage is better except when you said after repairs.so if the engine goes or you blow a recap your not getting paid?Id tell him 50% after fuel and tolls but repairs are on him as you could really get screwed on that.
     
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  5. biglarry

    biglarry Bobtail Member

    25
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    Jun 11, 2010
    Atlanta
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    He said the runs are only from NJ to Dallas Texas and back to NJ
    sometimes I might have to dead head to Louisiana to find a load back to NJ
    i'm sorry to post in the wrong forum,mods can move if they choose to
     
  6. Pahrump

    Pahrump Medium Load Member

    standard in the industry is 25-30% of the gross less permits and pilot cars of you do oversize loads,,if you figure most gross freight rates are between $1.50 to $2.00/mile pay would be 37cntns/mile to 50cnts/mile if you subtract fuel 65 to 80cnts/mile the pay sucks and I would walk away from any pay the subtracts fuel and and for sure the repair deduction,, if you really want to work for them take the 37cnts/mile and see how it goes,
     
  7. marmon96

    marmon96 Light Load Member

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    Dec 27, 2013
    gardner,ma.
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    it all depends on the miles involved if there is a lot of deadhead miles, per mile is better.if you dead head a lot percentage is not the way to go.
     
  8. rollin coal

    rollin coal Road Train Member

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    Not necessarily. Depends on if the rates are any good or not. The real trouble is dishonest companies that won't share true rate info. Trust us that's what it pays.... yeah.. sure.
     
  9. Tall Mike

    Tall Mike Road Train Member

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    Upstate New York
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    Easy to get screwed when you're on percentage, do you really think they are going to tell you exactly what the load pays ?
     
    Last edited: Aug 23, 2014
  10. rollin coal

    rollin coal Road Train Member

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    Lawfully they don't have a choice and must share that info with the driver. Reality is most are stealing from their drivers and have good reason to hide it. Drivers put up with it for the most part so that's just how it is - business as usual.
     
  11. Pool6710

    Pool6710 Medium Load Member

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    Aug 10, 2014
    Minnesnowta
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    Sounds like a joke. Tell him 24% or find a different gig
     
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