Percentage pay...

Has anyone ever heard of being paid as company drivers the following:
Freight Amount
-2O% to dispatch
then 20% to the team
so that would be:

$1500
-20%= $1200
@20%= $240

TO A TEAM

 

When getting paid a percentage of the line haul does your settlement sheet show what the total load was paid to the owner/company?

 

No. I do not want to be the guy getting paid to do all of my job and part of someone else's.

 

None that I hauled. That's the big problem with %, is a % of what? Matter of fact, I quit a job over that. I was told I was making 27% of the trucking charge. One day, the boss told me to pick up a check for the trucking charge. When I did some math, it turned out I was making 22% all along.( hey, 5% per load over a year, buys them a new Caddy) I quit shortly after.

 

looks like a rip off to me

 

Thanks and I understand totally. If you would have known the percentage of a load you were making and they were fair would that have made a difference?

 

I have a few friends that work for these 1099 outfits, it is criminal in my book. All are now having tax issues. Mainly due to the fact they did not know the tax laws and lack many write offs a true O/O has. Nor did they file for an LLC.

 

In general the more complicated the pay scheme, the more you can count on your employer to cheat you.

Percentage often falls in that category.

 

Bingo!

 

The other side of percentage:

I drag a deck, hauling steel, paid percentage. 28.7% of freight charge.

I have yet to have a year where my average pay for ALL miles driven (by odometer) has fallen below 0.65/mi. Got any mileage companies paying that much without LTL stuff?

Three years ago, I hit 0.85/mi. Again, all miles on the odometer. I've met L/O's and O/O's that have difficulty hitting that average across a year.