#174. How Truckers Make Money: A Guide to Driver Compensation

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Before we get into talking about truck driver pay, I talk about a recent incident where one of our trucks had its hood damaged by a driver who decided to make a left hand turn where he shouldn't have. His trailer didn't even come close to making the corner and caused some pretty good damage to the front of our parked truck. There is always something exciting going on in a trucking company.

What To Expect From Episode 174

Truck driver pay is a complicated subject. There are a lot of different factors, probably the biggest being if you operate locally or over-the-road. Most local drivers are paid hourly and most over-the-road drivers are paid by the mile. Hourly paid is pretty straightforward, over-the-road, not so much. We spend most of our time talking about that. Here are some of the areas we touch on:

• Deadhead miles
• Bonuses (There is a lot that goes into this one.)
• Why I feel torn about incentive type pay

We finish off by discussing how to figure out how much to pay and what are some of the things you should think about in that regard are.