Owner-Operator Team Driving Advice Needed

Topic 29977 | Page 1

Page 1 of 1
Michelle E.'s Comment
member avatar

My trainer has invited me to stay teaming with him. He is a lease operator and I am a company driver. What is a fair rate that I should expect? He gets paid 73% of the load revenue and averages anywhere between $7200-11,400 in gross revenue to the truck per week before his expenses are deducted.

I just want to be sure I'm paid fairly. I'm considered a co-driver since I have upgraded not a trainee. I handle my own shifts without any assistance from him.

Banks's Comment
member avatar

What is the compensation package the company is offering you? Pay, detention, bonuses, breakdown, per diem , 401k match, health/dental/vision, std, ltd etc.

Then compare it and decide what's the best fit. Personally, I'm all about working for a big company. I know the checks clear, I'll be taken care of and I'm free of liability.

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

PackRat's Comment
member avatar

Is your end goal to be a solo driver, or a team driver?

Turtle's Comment
member avatar

As to what a fair rate would be, I don't have an answer for that. But if you'll indulge me, I have a couple other things for you to consider:

It's common for some lease operators to attempt to lure trainees into staying on the truck. He'll benefit in many ways.

First, he'll get a full time experienced driver at the lowered rate of a fresh newbie.

Second, he gets to make all the decisions. Where to go, when to go, which loads to take, which loads to refuse, etc.

Third, he gets to practically double his income well you can only hope to make about the same amount as a good solo company driver.

Fourth, when the truck breaks down you make zilch. You have no company standing behind you with breakdown pay, or a new truck.

Remember, as a company driver you are motivated by and compensated for miles driven. He as a L/O is motivated by load revenue, and will in fact make every effort to reduce the miles driven in an effort to lower his operating costs. He wins, you lose.

Personally, I don't see any benefit to a lease/company team unless we're talking about a married couple, where all the money goes into the same pot.

Think long and hard about this from all angles before making the decision.

Page 1 of 1

New Reply:

New! Check out our help videos for a better understanding of our forum features

Bold
Italic
Underline
Quote
Photo
Link
Smiley
Links On TruckingTruth


example: TruckingTruth Homepage



example: https://www.truckingtruth.com
Submit
Cancel
Upload New Photo
Please enter a caption of one sentence or less:

Click on any of the buttons below to insert a link to that section of TruckingTruth:

Getting Started In Trucking High Road Training Program Company-Sponsored Training Programs Apply For Company-Sponsored Training Truck Driver's Career Guide Choosing A School Choosing A Company Truck Driving Schools Truck Driving Jobs Apply For Truck Driving Jobs DOT Physical Drug Testing Items To Pack Pre-Hire Letters CDL Practice Tests Trucking Company Reviews Brett's Book Leasing A Truck Pre-Trip Inspection Learn The Logbook Rules Sleep Apnea
Done
Done

0 characters so far - 5,500 maximum allowed.
Submit Preview

Preview:

Submit
Cancel

Join Us!

We have an awesome set of tools that will help you understand the trucking industry and prepare for a great start to your trucking career. Not only that, but everything we offer here at TruckingTruth is 100% free - no strings attached! Sign up now and get instant access to our member's section:
High Road Training Program Logo
  • The High Road Training Program
  • The High Road Article Series
  • The Friendliest Trucker's Forum Ever!
  • Email Updates When New Articles Are Posted

Apply For Paid CDL Training Through TruckingTruth

Did you know you can fill out one quick form here on TruckingTruth and apply to several companies at once for paid CDL training? Seriously! The application only takes one minute. You will speak with recruiters today. There is no obligation whatsoever. Learn more and apply here:

Apply For Paid CDL Training

About Us

TruckingTruth was founded by Brett Aquila (that's me!), a 15 year truck driving veteran, in January 2007. After 15 years on the road I wanted to help people understand the trucking industry and everything that came with the career and lifestyle of an over the road trucker. We'll help you make the right choices and prepare for a great start to your trucking career.

Read More

Becoming A Truck Driver

Becoming A Truck Driver is a dream we've all pondered at some point in our lives. We've all wondered if the adventure and challenges of life on the open road would suit us better than the ordinary day to day lives we've always known. At TruckingTruth we'll help you decide if trucking is right for you and help you get your career off to a great start.

Learn More