Total compensation for 2021

Discussion in 'Flatbed Trucking Forum' started by basedinMN_, Jan 7, 2022.

How do these figures look?

Poll closed Aug 8, 2022.
  1. Too low

    3 vote(s)
    15.0%
  2. Fair

    13 vote(s)
    65.0%
  3. Generous

    4 vote(s)
    20.0%
  1. Midwest Trucker

    Midwest Trucker Road Train Member

    5,771
    20,598
    Aug 31, 2018
    0
    I can definitely appreciate how vastly much more it costs to employee someone over top of their actual pay. However, it does seem like they are making it look much better then what it is.

    However, I agree with others that working those hours and home every night. It seems like fair pay the 79k.

    Nothing wrong with that at all!
     
    MartinFromBC, Vampire, stwik and 7 others Thank this.
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  3. Espressolane

    Espressolane Road Train Member

    14,842
    84,117
    Nov 21, 2009
    Just south of the north 40
    0
    At one point in a past life, Planning staffing levels was part of the job. When calculating the cost of employees, we added 38 percent to the annualized pay rate to cover the employer’s cost.
    What most don’t see is the liabilities that an employee brings. Things like pay for vacation, holidays or other compensated time off. It has to be accounted for, and made available in short time. Why some places require submitting months in advance, to have cash in the reserve for that payment.
     
  4. cgilliland

    cgilliland Medium Load Member

    321
    739
    Mar 13, 2017
    0
    if a company is super geneerous with benefits (like full health insurance) tehy'd have to do something to illustrate it to compete with all cash employers
     
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  5. cgilliland

    cgilliland Medium Load Member

    321
    739
    Mar 13, 2017
    0
    we are listening
     
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