Speaking Of Pay...

Topic 11848 | Page 1

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Newbie78inpa J.'s Comment
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When people throw out numbers of potential earnings are they talking about gross or net? I read people quoting 30k+ for a first year driver with no experience. I assume they are talking gross numbers here. So if that's gross lets take out .30% for taxes and that's down to 21k a year net.

So what are we talking here for a first year driver? 21k net or 30k net?

Daniel B.'s Comment
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I made 32K net my first year. I actually detailed my first years income week by week. Take a look!

Daniel B.'s First Year Income

Newbie78inpa J.'s Comment
member avatar

I made 32K net my first year. I actually detailed my first years income week by week. Take a look!

Daniel B.'s First Year Income

That's about $600+ a week nothing amazing but i can live with those numbers to start out.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
David's Comment
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I made 32K net my first year. I actually detailed my first years income week by week. Take a look!

Daniel B.'s First Year Income

damn, daniel beat me to it.. was trying to find his post on that... =D lol

Keep in mind, you pay is determined by several factors... your CPM , your Miles you run, Health Insurance, how many you claim for taxes...

CPM:

Cents Per Mile

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

∆_Danielsahn_∆'s Comment
member avatar

double-quotes-start.png

I made 32K net my first year. I actually detailed my first years income week by week. Take a look!

Daniel B.'s First Year Income

double-quotes-end.png

That's about $600+ a week nothing amazing but i can live with those numbers to start out.

After my first year as a business owner, and after accounting for all my overhead, my personal net earnings were just over $20K. Restaurants are not as profitable as people think, lol. the 4 years after that, i averaged about $70k personal net earnings. So my transition into truck driving should be on par with what i made as a business owner. and all i have to do is drive a truck? count me in!

HOS:

Hours Of Service

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

double-quotes-start.png

I made 32K net my first year. I actually detailed my first years income week by week. Take a look!

Daniel B.'s First Year Income

double-quotes-end.png

That's about $600+ a week nothing amazing but i can live with those numbers to start out.

pssh whatever... I have yet to make over $350 a week net in the 10 years of my life I have been able to work... yeah I know truckers work long hard hours. I'll take $600 a week net pretty much just driving (for 11 hours a day 6-7 days a week) over 350 net doing actual hard work for 9-10 hours a day 5 days a week.

I'm tired of living in apartments in crappy parts of town... I'm going to live out of my truck for at least a year, possibly 2 then buy a house in Asheville, NC, preferably in the more open areas (don't wanna be more than 30-40 min away from Asheville, but also don't want to be in the city, would like an acre or two of land). This is possible with trucking... not with any job I have had in the last 10 years. Most I have made was like $12 an hour.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Newbie78inpa J.'s Comment
member avatar

double-quotes-start.png

double-quotes-start.png

double-quotes-start.png

I made 32K net my first year. I actually detailed my first years income week by week. Take a look!

Daniel B.'s First Year Income

double-quotes-end.png

double-quotes-end.png

That's about $600+ a week nothing amazing but i can live with those numbers to start out.

double-quotes-end.png

pssh whatever... I have yet to make over $350 a week net in the 10 years of my life I have been able to work... yeah I know truckers work long hard hours. I'll take $600 a week net pretty much just driving (for 11 hours a day 6-7 days a week) over 350 net doing actual hard work for 9-10 hours a day 5 days a week.

I'm tired of living in apartments in crappy parts of town... I'm going to live out of my truck for at least a year, possibly 2 then buy a house in Asheville, NC, preferably in the more open areas (don't wanna be more than 30-40 min away from Asheville, but also don't want to be in the city, would like an acre or two of land). This is possible with trucking... not with any job I have had in the last 10 years. Most I have made was like $12 an hour.

Yeah if i was in my teens or twenties i could do $350 a week but now at 37 that wouldn't get me anywhere.

HOS:

Hours Of Service

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

I am in my 20s and it doesn't get me anywhere. I live with my mom right now because as a full time college student I don't have enough free time to work a full time job. our bills between rent, utilities, food and cell phones is over $1200 a month. Rent is $730, electric in the summer is about $150, right now it's about $90, cable is $120 (been trying to convince my mother she could get internet only and find anything she wants to watch on tv on the internet, both legally and not so legal ;) then she would only pay about $60), gas for the car is about $25 a week, food runs about $70 a week for the two of us, cell phones run about $150 total (mine being the cheaper at about $45 a month). That's $1470 a month in required expenses, not even taking into account fun stuff like seeing a movie or anything. $368 a week is the min net pay we would need to pay those bills to just survive... so yeah I'll take $600 a week without complaint, that would give me $930 extra each month. considering me and my mother will be living in the truck, giving up the apartment we'll have even more since no rent, electric, cable and hardly ever using the car.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Newbie78inpa J.'s Comment
member avatar

I am in my 20s and it doesn't get me anywhere. I live with my mom right now because as a full time college student I don't have enough free time to work a full time job. our bills between rent, utilities, food and cell phones is over $1200 a month. Rent is $730, electric in the summer is about $150, right now it's about $90, cable is $120 (been trying to convince my mother she could get internet only and find anything she wants to watch on tv on the internet, both legally and not so legal ;) then she would only pay about $60), gas for the car is about $25 a week, food runs about $70 a week for the two of us, cell phones run about $150 total (mine being the cheaper at about $45 a month). That's $1470 a month in required expenses, not even taking into account fun stuff like seeing a movie or anything. $368 a week is the min net pay we would need to pay those bills to just survive... so yeah I'll take $600 a week without complaint, that would give me $930 extra each month. considering me and my mother will be living in the truck, giving up the apartment we'll have even more since no rent, electric, cable and hardly ever using the car.

I hear you man life is an expensive grind. I give you much respect for taking care of mom. I'm in a similar situation helping my mother and i will be sending her checks in the mail every month to help her out. I'll be living in my truck too but sending her money. Take care of your mom and good things will come your way. She brought you into this world and raised you so its only right to help her out. I never really had my dad in my life so i've been close to mom im a mommas boy lol

And yeah get rid of that cable we did it last month and went back to old school antenna and we get 40 channels for free and only pay $50 a month for internet. Saving at least $800 a year without cable and there isnt chit on it that i like anyway.

HOS:

Hours Of Service

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

Im going to share with you guys, a check stub from my first week back OTR with Gordon Trucking ( I was local for a yr and basically had to start as a newb all over again)

I started out at .35cpm my first week back out.

2553 solo miles x .35cpm = 893.55 not a bad week starting back out. after a yr + 27 reimbursement (Toll bridge and Scales) Total 920.55 GROSS

Fed Income Tax = -20.33 Social Sec. Tax = -46.22 Medicare Tax = -10.81 MO State Tax = -16.00 Total Tax = -93.36

Insurance for Me = -37.00 Spouse = -85.00 Kids = -26.00 Misc. = -25.00 Total = -173.00

Net Pay = 920.55 - 93.36 - 173.00 = 654.19 NET

My taxes at the time where set up for 5 exemptions, my self, my wife, and 3 daughters.

Now if I didnt need the insurance, I would have an addition 173 on my net which would have paid out 827.19

hope this helps some of you with some realistic numbers. I know daniel went through a full year, I havent seen his post in a long time and can't remember how in detail he went. but figured I'd show what Mine was too.

So even if you start out at .32cpm @ 2500, you'll see around 600 Net..

OTR:

Over The Road

OTR driving normally means you'll be hauling freight to various customers throughout your company's hauling region. It often entails being gone from home for two to three weeks at a time.

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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