Trade More Cpm For No AHCA ?

Topic 19179 | Page 1

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Sno-boy's Comment
member avatar

As a fresh out of private school hire do any of you see a problem offering to trade not taking company health insurance for a higher cpm than offered ? And if not a problem, roughly what would be a fair increase in cpm for opting out?

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

G-Town's Comment
member avatar

As long as you are insured through some other means...otherwise you'll be accessed a tax penalty when you file your federal return.

Rick S.'s Comment
member avatar

Starting wages (cpm) are standard across the board for new hires with no experience (at least at the companies we see new entrants - students/recent grads get on with here).

Don't think I've ever heard of someone "opting out" of a benefit plan, in exchange for a higher cpm rate - nor do I think any companies do it.

Similarly - CPM rates for EXPERIENCED DRIVERS (particularly at companies that don't hire newbs) are arrived at, based on number of years experience.

Despite the apparent "driver shortage" in the industry, while we've seen some increases in payscales in the last couple of years in order to attract experienced drivers, I've still never heard of "opting out" of insurance, in order to negotiate a higher pay rate.

CPM rates are pretty much WRITTEN IN STONE, and despite the driver shortage - there is still enough "job hopping" going on, that companies don't feel the need to "negotiate" pay scales OR benefits.

This goes along with the recent thread here about "haggling cpm rates" - which, when coming from a rookie, I found laughable (though I resisted posting on that thread). I'm just not seeing a no-experience-driver, sitting down and "selling" their inexperience for a higher pay rate, over the 100's of other drivers that show up for orientation every month.

Thousands of companies, millions of trucks and drivers. This is not an "executive position" we're talking about here - where a masters from some "prestigious college" might allow you to consider negotiations for a higher salary, or nicer office.

This is TRUCKING. And for discussions on this board, it's ENTRY LEVEL TRUCKING. Where everyone is equally an unproven rookie.

Opting out of insurance, will put more $$ in your pocket (via less payroll deductions). Some folks have spouses that have insurance, eliminating the necessity of having to get your own. Some folks opt not to have any insurance at all - and either pay the tax (penalty, despite what Justice Roberts was coerced into deciding), or figure out how to get an exemption (getting your adjusted gross income under $10K is one way). While the ACA may change or go away in the coming year (or two), for now, this is how it is.

Rick

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

Sno-boy's Comment
member avatar

I do have my own and do not wish to give it up. Should have mentioned that. Thank you for the reply.

As long as you are insured through some other means...otherwise you'll be accessed a tax penalty when you file your federal return.

Sno-boy's Comment
member avatar

Thanks Rick. Fair enough sounds like there is nothing for me to "bargain" over then.

Starting wages (cpm) are standard across the board for new hires with no experience (at least at the companies we see new entrants - students/recent grads get on with here).

Don't think I've ever heard of someone "opting out" of a benefit plan, in exchange for a higher cpm rate - nor do I think any companies do it.

Similarly - CPM rates for EXPERIENCED DRIVERS (particularly at companies that don't hire newbs) are arrived at, based on number of years experience.

Despite the apparent "driver shortage" in the industry, while we've seen some increases in payscales in the last couple of years in order to attract experienced drivers, I've still never heard of "opting out" of insurance, in order to negotiate a higher pay rate.

CPM rates are pretty much WRITTEN IN STONE, and despite the driver shortage - there is still enough "job hopping" going on, that companies don't feel the need to "negotiate" pay scales OR benefits.

This goes along with the recent thread here about "haggling cpm rates" - which, when coming from a rookie, I found laughable (though I resisted posting on that thread). I'm just not seeing a no-experience-driver, sitting down and "selling" their inexperience for a higher pay rate, over the 100's of other drivers that show up for orientation every month.

Thousands of companies, millions of trucks and drivers. This is not an "executive position" we're talking about here - where a masters from some "prestigious college" might allow you to consider negotiations for a higher salary, or nicer office.

This is TRUCKING. And for discussions on this board, it's ENTRY LEVEL TRUCKING. Where everyone is equally an unproven rookie.

Opting out of insurance, will put more $$ in your pocket (via less payroll deductions). Some folks have spouses that have insurance, eliminating the necessity of having to get your own. Some folks opt not to have any insurance at all - and either pay the tax (penalty, despite what Justice Roberts was coerced into deciding), or figure out how to get an exemption (getting your adjusted gross income under $10K is one way). While the ACA may change or go away in the coming year (or two), for now, this is how it is.

Rick

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

Big Scott's Comment
member avatar

I have seen a company, can't remember which, that does offer a CPM bump if you don't take their benefits. Also, there is no more tax penalty if you don't have insurance.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

Sno-boy's Comment
member avatar

Thanks Big Scott I just thought if a company provided hc at say a cost of say $500 a month as a benefit and I didn't need it, they might give me a percentage of what they saved. It would sort of make sense.

I have seen a company, can't remember which, that does offer a CPM bump if you don't take their benefits. Also, there is no more tax penalty if you don't have insurance.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

Rick S.'s Comment
member avatar

I have seen a company, can't remember which, that does offer a CPM bump if you don't take their benefits. Also, there is no more tax penalty if you don't have insurance.

Actually - the tax has NOT BEEN REPEALED YET. The EO DJT signed pretty much the minute he walked into the Oval Office, set the stage for it's removal - but since it IS LAW (and one that was challenged at the SCOTUS), he can't just repeal it. CONGRESS CAN, and hopefully will, real soon.

Now, I've heard tell that the IRS won't "initiate enforcement actions" solely to collect the penalty - but that's not a theory I'm going to challenge personally.

Rick

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

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