Exact First Year Income. Week By Week!

Topic 2416 | Page 3

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Daniel B.'s Comment
member avatar

@My best friend Guyjax,

I remember Mike with his salary threads/articles. They were very detailed! But what it lacked was a true week by week pay. I do hope to match what he made in his second year with Prime. That's a huge pay increase!

To everyone else, I'm thrilled that this is helping you guys so much!

Per Diem:

Getting paid per diem means getting a portion of your salary paid to you without taxes taken out. It's technically classified as a meal and expense reimbursement.

Truck drivers and others who travel for a living get large tax deductions for meal expenses. The Government set up per diem pay as a way to reimburse some of the taxes you pay with each paycheck instead of making you wait until tax filing season.

Getting per diem pay means a driver will get a larger paycheck each week but a smaller tax return at tax time.

We have a ton of information on our wiki page on per diem pay

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Serah D.'s Comment
member avatar

Daniel B, thanks for sharing. Couldn't help but note the following miles/pay. Found it very confusing. Can you explain?

5/21 4/9 6/4 3,310 miles = $759.62 3,287 miles = $1,156.21 3,677 miles = $891.60

Am I missing something?

OWI:

Operating While Intoxicated

Serah D.'s Comment
member avatar

Daniel B, thanks for sharing. Couldn't help but note the following miles/pay. Found it very confusing. Can you explain?

5/21 4/9 6/4 3,310 miles = $759.62 3,287 miles = $1,156.21 3,677 miles = $891.60

Am I missing something?

Ooooops, that didnt come out as intended, but if you 'quote' you will see a better layout.

OWI:

Operating While Intoxicated

Daniel B.'s Comment
member avatar

Serah,

Let me explain. I'll use the 5/21 week pay stub.

5/21

Miles: 3310

Check Total: 759.62$

Reimbursements: -

Bonuses: -

Advances: -

Miles are my total miles. I was at .31cpm back then so I made 1026.10$ just off of my miles.

3310 x .31 = 1,026.10

Reimbursements are basically money added to my check for things I had to pay out on the road out of my own pocket - such as tolls. There were none this week.

Bonuses are obviously bonuses, such as a fuel bonus/on-time bonus/safety bonus. There were no bonuses this week.

Advances are when I take out money from my paycheck out on the road. Its basically like taking out money from your comdata card and they'll subtract what I took out from my upcoming paycheck. I didn't take any advances this week.

So I made 1026.10$ off of miles. Subtract my hectic CA taxes and 46$ that I had to pay weekly for my schooling. I ended up with a check of 759.62$.

I'll explain check from 4/9 now.

4/09

Miles: 3287

Check Total: 1156.21$

Reimbursements: 5.00$ Tolls.

Bonuses: 393.88$ Safety Bonus. 213.92$ Quarterly On-Time Bonus. 33.76$ Tiered Pay.

Advances: -105.45$

I had a total of 3287 miles for that week.

3287 x .31cpm = 1018.97$.

I had to pay 5$ for a toll that week so I got reimbursed for that.

Then I had my bonuses which jacked up my pay for that week.

Unfortunately, I took out 105.45$ as an advance (probably for food). So that went against my paycheck, which left me a total of 1156.21$ take home after taxes.

By the way, these numbers are absolutely embarrassing to look at a year later. I'm sitting here in disgust reviewing this. I mean seriously, 3287 miles that week PLUS three giant bonuses and I only made 1156$. That's garbage.

Right now, if I drive 3287 miles in a week, my check will be greater than 1156$ after taxes and not even adding my fuel bonus. If I had all those bonuses right now my check would easily be 2 grand. I find it hard to believe how I was so satisfied with such low pay. Doing the exact same thing right now as I did a year ago except I'm making about 30% more.

Trucking is far too dangerous to be risking your life for only .31cpm.

CPM:

Cents Per Mile

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

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Serah D.'s Comment
member avatar

Serah,

Let me explain. I'll use the 5/21 week pay stub.

5/21

Miles: 3310

Check Total: 759.62$

Reimbursements: -

Bonuses: -

Advances: -

Miles are my total miles. I was at .31cpm back then so I made 1026.10$ just off of my miles.

3310 x .31 = 1,026.10

Reimbursements are basically money added to my check for things I had to pay out on the road out of my own pocket - such as tolls. There were none this week.

Bonuses are obviously bonuses, such as a fuel bonus/on-time bonus/safety bonus. There were no bonuses this week.

Advances are when I take out money from my paycheck out on the road. Its basically like taking out money from your comdata card and they'll subtract what I took out from my upcoming paycheck. I didn't take any advances this week.

So I made 1026.10$ off of miles. Subtract my hectic CA taxes and 46$ that I had to pay weekly for my schooling. I ended up with a check of 759.62$.

I'll explain check from 4/9 now.

4/09

Miles: 3287

Check Total: 1156.21$

Reimbursements: 5.00$ Tolls.

Bonuses: 393.88$ Safety Bonus. 213.92$ Quarterly On-Time Bonus. 33.76$ Tiered Pay.

Advances: -105.45$

I had a total of 3287 miles for that week.

3287 x .31cpm = 1018.97$.

I had to pay 5$ for a toll that week so I got reimbursed for that.

Then I had my bonuses which jacked up my pay for that week.

Unfortunately, I took out 105.45$ as an advance (probably for food). So that went against my paycheck, which left me a total of 1156.21$ take home after taxes.

By the way, these numbers are absolutely embarrassing to look at a year later. I'm sitting here in disgust reviewing this. I mean seriously, 3287 miles that week PLUS three giant bonuses and I only made 1156$. That's garbage.

Right now, if I drive 3287 miles in a week, my check will be greater than 1156$ after taxes and not even adding my fuel bonus. If I had all those bonuses right now my check would easily be 2 grand. I find it hard to believe how I was so satisfied with such low pay. Doing the exact same thing right now as I did a year ago except I'm making about 30% more.

Trucking is far too dangerous to be risking your life for only .31cpm.

Thanks for the explanation. It makes more sense. I realize this is personal information that you were not obliged to divulge, so once again, thanks a bunch for sharing.

CPM:

Cents Per Mile

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

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Mad Hatter's Comment
member avatar

Is .31 cpm an average for drivers just starting out? Or were you just unlucky with where you went?

CPM:

Cents Per Mile

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

Daniel B.'s Comment
member avatar

Is .31 cpm an average for drivers just starting out? Or were you just unlucky with where you went?

.31cpm is actually slightly above average. I started at .28cpm and at the end of my year I got a raise to .31cpm. So I went from .28cpm to .31cpm.

CPM:

Cents Per Mile

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

Mad Hatter's Comment
member avatar

Okay, I didnt want to set my expectations too high. Thanks bud. I really appreciate all the info you provide for the site.

guyjax(Guy Hodges)'s Comment
member avatar

Okay, I didnt want to set my expectations too high. Thanks bud. I really appreciate all the info you provide for the site.

Just remember that top pay at any company with differ from company to company. PRIME, if I remember right, tops out at. 45 can if you drive a light weight truck plus run the NE.

JB Hunt tops out at. 41 can unless you are on a special dedicated account and then top out at. 42 to. 44 can with 10 years experience.

Mainly, but not always, the cpm is dictated by your experience plain and simple. That seems to run in groups. 6 months to 2 years =? Cpm. 3 to 5 years =? Cpm 7 to 10 years =? Cpm.

The question marks get filled in depending on what company you are talking about. Then you also have to look at the more aggressive marketing companies are starting to do which throws those numbers I just said out the windows. Companies are starting to give more raises now ever few months.

CPM:

Cents Per Mile

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

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Freightdog (Shaun)'s Comment
member avatar

double-quotes-start.png

Okay, I didnt want to set my expectations too high. Thanks bud. I really appreciate all the info you provide for the site.

double-quotes-end.png

Just remember that top pay at any company with differ from company to company. PRIME, if I remember right, tops out at. 45 can if you drive a light weight truck plus run the NE.

JB Hunt tops out at. 41 can unless you are on a special dedicated account and then top out at. 42 to. 44 can with 10 years experience.

Mainly, but not always, the cpm is dictated by your experience plain and simple. That seems to run in groups. 6 months to 2 years =? Cpm. 3 to 5 years =? Cpm 7 to 10 years =? Cpm.

The question marks get filled in depending on what company you are talking about. Then you also have to look at the more aggressive marketing companies are starting to do which throws those numbers I just said out the windows. Companies are starting to give more raises now ever few months.

Paging Daniel B. I know it's pretty obtrusive and a lot to ask, but if it's at all possible can you do a similar breakdown for Prime now that you're making a bit more money and all? Does Prime allow you the option of no northeast? (Just wondering since Guy alluded to a pay structure of "lightweight truck and NE"). Giving some serious thought to leaving my flying career and hitting the road again for good. I was with SNI for 4 months, so have an idea of what the pay will be right off the bat but just wondering what it will be like with a little time and experience under my belt. Thanks in advance!

Shaun

CPM:

Cents Per Mile

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

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
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