Companies that pay percentage
#1
Rookie
Thread Starter
Join Date: Aug 2008
Posts: 4
Companies that pay percentage
Are there any companies hiring newbies that pay a percentage instead of paying by the mile?
#2
Board Regular
Join Date: May 2007
Location: Time and again after 8 hours work like another blue collar worker. Got My life back. Good bye CPM.
Posts: 439
Re: Companies that pay percentage
Originally Posted by Knight Rider
Are there any companies hiring newbies that pay a percentage instead of paying by the mile?
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CPM is a pay scam that most trucking company's use to get around paying overtime for excessive hours of work and other monitory issues.Get paid hourly and prevent sweat shop conditions.
#4
Re: Companies that pay percentage
Originally Posted by Evinrude
Originally Posted by Knight Rider
Are there any companies hiring newbies that pay a percentage instead of paying by the mile?
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Don't trust anybody. Especially that guy in the mirror.
#7
Senior Board Member
Join Date: Jan 2006
Location: Central Maine
Posts: 1,192
TMC pays on a performance based scale. There are many factors that give you points, mostly fuel economy and out of route miles. The points that you earn one month determine your pay percentage for the next month. You only earn a percentage of the load rate after the fuel surcharge and any other fees are removed from the total sum that TMC gets paid for the load. You can earn as low as 23% or as high as 32% with most drivers earning 28% to 29%. To earn lower than 28% is almost impossible unless you are really careless.
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Nothing is foolproof to a talented fool. -------------------------------------------- The Road goes ever on and on Down from the door where it began. Now far ahead the Road has gone, And I must follow, if I can, Pursuing it with eager feet, Until it joins some larger way Where many paths and errands meet. And whither then? I cannot say. -- J R R Tolkien
#8
I have always made more money on percentage. That is the way I pay my own drivers. I pay 25%. Most will pay somewhere between 22-30%. Whether you will do better depends on the rates for which you are hauling.
#9
Re: Companies that pay percentage
Originally Posted by Evinrude
Originally Posted by Knight Rider
Are there any companies hiring newbies that pay a percentage instead of paying by the mile?
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http://fredogtrucking.proboards.com
#10
Originally Posted by Knight Rider
Sounds like it can be to the drivers advantage. You just need to do your research. But, what kind of percentage do the companies generally pay?
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