What is fair pay for a company driver getting paid percentage?

25% to the driver
25% to the owner
50% to the truck

Since they invented the 5th wheel

 

Give me your bank account number and your pin.
I promise I won't steal a penny from you.
Trust me okay.
That's what your doing by working on percentage.
Your giving the owner of the truck a license to
Steal from you.

They can print up any piece of paper to say
Whatever they want it to say, and send it to you.

There's a reason why no big companies pay
By percentage.
They don't want you to see how much they get
For some of the loads your pulling.

It's a better scam then lease purchase.
Don't forget, you deadhead for free on percentage.

 

All that goes out the window if you self dispatch and find your own loads. They cant lie on a ratecon i negotiated.

 

I always started mine at 25% and soon went to 30%, and I paid it on the fuel surcharge too. The reason I did was at least 50% of the loads we hauled, I just gave them a delivered rate, no fuel surcharge figured in, so to keep it simple I just paid on the gross.
I even did some hourly work a couple of summers, where the customer furnished the fuel, so I paid on the rate charged, and figured what the fuel would have cost, and gave them the percentage of it too.

 

...edit. I gotta think about that hang on

 

A driver on 25% of ratecon for a $1000 haul will get $250 no matter what fuel costs, what mpg he gets or how many miles he drives. The variability is eaten by the trucking company.

A driver on 25% of linehaul doing a $1000 haul will get less. How much less depends on exactly how the FSC is calculated. My boss is a simple guy and doesnt calculate anything.. We do the same hauls all the time and just takes the same FSC that he decides, out of it every time. 10-15% depending on which run. Fuel goes up and down but he doesnt change it. So we have jobs that are $1000 to him less $100 fuel so $900 x .25 to the driver = $225 every single time. If fuel went up alot he'd charge more to the customer and my number would stay the same. Fuel price and mpg do not alter my check but if you work for someone who does calculate your MPG performance and current FSC often and subtract it from linehaul, then that driver is subject to slightly variable pay.

The deal you have, if i understand it correctly, is fully subject to the changes in fuel prices and in your MPG performance, that is if he calculates it.

Say he books a $1000 haul at $2/mile. You hammer there all 500 miles and get 5mpg. Thats 100 gallons times the current $3.00 gallon. So $1000- his 23% [230] - 300 = 470 / 2 = $235 to you.

Same $1000 haul. You get 7mpg @ $3/gal. Your check is $277.50 ish. 5mpg @$4/gal you get $185.

Im illustrating that what this format does is shifts more of the variability, which in itself is a risk, off of him and onto you in a shared format. If you get great mileage and fuel is cheap youll both love it. If fuel gets high he will be happier about it than you because he has you helping to halve the increase.

You have to evaluate whether its good or bad for you, i have no opinion on that. For me.. If im driving it, fixing it and paying some of the fuel i may as well own it and pocket both halfs of the proceeds.

 

Lmao, how is 50% of 77% considered a 50/50 % split. Is the truck leased to a carrier and the trucks cut is 77%, maybe then you are getting 50% of the trucks gross.

 

Due to competition we have had to lower the rates to keep the job.
What happens to your pay then?
We don't have any loads in your area so deadhead 1000 miles.
What happens to your pay then?
It's Fri afternoon on a holiday weekend and the only load we could find pays a buck a mile
What happens to your pay then?
ETC ETC