I've been looking into tmc a good bit and have come across something I am not familiar with and that is their percentage pay. Is this a system where the driver is actually in a position to earn himself a better paycheck or is it advised to take the milage?
Don't quote me on this cuz I never worked for them but I think its a % of the load or a CPM which ever is higher pay... So if you would make more on the load at a CPM then you would get a x amount for every mile you drove or if you would make more on the load at let's say 25 % of the load then you would be paid x amount of dollars for that load
Drivers are often paid by the mile and it's given in cents per mile, or cpm.
Actually at TMC you will make a choice between mileage or percentage pay. From my conversations with TMC drivers, the general consensus is that you can make more money with the percentage pay. I don't have any legitimate facts to back this up other than talking with drivers, and if there is one thing I've learned about drivers it is that they are seldom honest when it comes to their pay. The thing you need to realize about percentage pay is that 28% of one load may be more than 28% of another load - that all depends on what that particular load pays, but 38 cents per mile is always 38 cents per mile.
I'm not saying one way or the other is better, because you still might come out ahead on the percentage pay in the end. I do know this though, you can start out by choosing one method of pay, and then there is a certain time period that they will let you change it if you so desire. They also have a certain time slot each year where they will let you change your mind on the method of pay that you want.
When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.
I personally am not one to gamble on my pay. I like to know what I'm getting. This is quite disturbing not knowing which is the best choice.
Operating While Intoxicated
Actually at TMC you will make a choice between mileage or percentage pay. From my conversations with TMC drivers, the general consensus is that you can make more money with the percentage pay. I don't have any legitimate facts to back this up other than talking with drivers, and if there is one thing I've learned about drivers it is that they are seldom honest when it comes to their pay. The thing you need to realize about percentage pay is that 28% of one load may be more than 28% of another load - that all depends on what that particular load pays, but 38 cents per mile is always 38 cents per mile.
I'm not saying one way or the other is better, because you still might come out ahead on the percentage pay in the end. I do know this though, you can start out by choosing one method of pay, and then there is a certain time period that they will let you change it if you so desire. They also have a certain time slot each year where they will let you change your mind on the method of pay that you want.
From what the recruiter said Old School is correct. He boasted about making close to $70K his first year 12 years ago and many of the testimonials online do as well. TMC says 85% of the drivers opt for the % pay rather than mileage. I would think there would be good weeks and bad as with mileage pay but do not know so I can't comment further. Just remember flatbed is a whole different ballgame compared to vans. You can make great money with dry vans on dedicated routes where you unload freight which is what I chose with Werner...I want the exercise and am dedicated to 3 chain stores that will not go out of business even in a down economy. You are paid with TMC (according to the recruiter at school) as to how well you adhere to their rules. They pay for one truck wash per week and you must do it or suffer on pay was the way he put it. Fuel mileage was the same, as well as OTD. Ask many questions from TMC and other flatbed companies, compare them and go from there is all you can do. This business has something for many different walks of life...you just have to find your area and go with it is what I have learned.
A driver or carrier who transports cargo between regular, prescribed routes. Normally it means a driver will be dedicated to working for one particular customer like Walmart or Home Depot and they will only haul freight for that customer. You'll often hear drivers say something like, "I'm on the Walmart dedicated account."
When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.
I personally am not one to gamble on my pay. I like to know what I'm getting. This is quite disturbing not knowing which is the best choice.
It doesn't have to be disturbing at all. Do your homework and make the best decision you feel comfortable with. As another person mentioned, trucking will have its ups and downs. Good and bad miles. I'm sure there will be fluctuation with a % based pay as well. The best thing you can do is to control your end, i.e. become an efficient driver and learn how to use your HOS with the available miles. Don't turn down any loads. Become a reliable driver with a reputation to get the job done. Establish a relationship with your dispatcher.
Operating While Intoxicated
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I've been looking into TMC Transportation a good bit and have come across something I am not familiar with and that is their percentage pay. Is this a system where the driver is actually in a position to earn himself a better paycheck or is it advised to take the milage?
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