60/40 revisited?

[davekc]

here ya go. i was getting 60 after the owners 40 off the gross. well what was left and the fsc barely covered fuel for a 1200 mile load i had. he then shorted me on money i spent on maintenance


Must have been running for a pretty low FSC. Driver spending money on maintenance would also be a big question mark.

That aside, it seems the 60/40 is a tougher sell at the Fed because of their pay structure.
We are doing that pay plan at Panther and it seems the best all around. Looking at runs from the first of Jan, I don't see any instance where the driver would have been ahead on a 40/60 plan.

 

[Bruno]

Butterfly makes a very good point: a bonus based on miles run, or acceptance rate, is a bonus that involves factors outside the driver's control. I've received a bonus one month for doing what I do every month - just happened to get more miles in that one month. Didn't accept more loads, because I very rarely turn any down - so the bonus isn't something I get for working harder or smarter, it's just luck, IMO.
The driver controls in service percentage, on time percentage, and safety - but miles and acceptance percentages are not entirely within our control. I can't force the carrier to offer loads when there aren't any, and I won't accept a bad load, so the bonus feels kind of bogus. (And no, I didn't give it back!)

Cheril

I understand how you feel on the load except. When it comes to excepting loads we have certain criterias set in place for the driver to make the choice on excepting the load or turning it down. If it was a load that didn't meet those criterias and the load is turned down we dont hold that against the driver for their bonus pay. Remember we pay the fuel and tolls so we aren't going to ask one of our trucks to take a load that is 1100 total miles for $1200.00. Remember "say no to cheap frieght". But when you have drivers that turn down a 3100 mile load that pays $5700.00 to the truck that is a different story.

Having drivers that can handle things on the road is a plus. Honestly when I started in this business back in 1995 I would want the drivers to call me everyday. Having 14 drivers now and not asking them not to call the office so much doesn't work. They call more now that I don't want them to call then when I wanted them too. Owners and fleet managers don't need to micro manage their drivers. With FedEx Custom Critical and DaveKC told me that Panther is the same way, you can see where your trucks are at from the web. Having this tool for owners and fleet managers is a plus. Your not calling a driver who may be sleeping and asking him "did you get a load yet". To be honest I really don't want to hear from our teams but once a week or unless something is wrong. Owners and fleet managers are not here to baby sit drivers.

The whole point on a bonus program to increase the amount money made to the truck. Drivers will work harder and be happy to get extra money for a job well done. We try to get our drivers to run a 13 day out program and 3 to 4 days off, sometimes it don't always work out that way but for the most part it does. Alot of teams run 3 weeks out and then take 1 week off. By doing so they make 25% less money each year. Think about it they take 12 weeks off a year. When you do the 13 day out program its a win/win for everyone. You get a pay check every week, your home every other weekend, your in service is up and your carrier doesn't have to add on more trucks then it needs because 1/3 of its fleet is out of service on any given day. The list goes on.

Drivers like getting extra money for a job well done. Those are some of my ideals for owners. Also if you have good drivers you can give them a Vacation settlement for every 6 months of driving. We give our teams a Vacation settlement of $400. They can take the time off or take the money, most just take the money.

God Bless

 

[greg334]

Why use the word Bonus?

The words sound be added financial incentive, not bonus.

A bonus is something that you get when you are an employee, not a contractor. If you want to treat drivers as employees, hire them, then give a bonus.

Sorry, pet peeve.

 

[Bruno]

Good Point my friend Greg. Will have to change that. Thanks Greg

 

[Tennesseahawk]

Added financial incentive??? What politically correct cracker came up with that one?

Bonus: something in addition to what is expected or strictly due

Feel free to use bonus. Gameshows do.

 

[Critter Truckin]

DING DING DING!!! You are correct, sir!

 

[greg334]

Added financial incentive??? What politically correct cracker came up with that one?

Bonus: something in addition to what is expected or strictly due

Feel free to use bonus. Gameshows do.

Being in Business for yourself, you EARN repeat... EARN the money, there is no bonus by earning the money.

Bonuses are for employees and people who want to be employees. Bonuses are something added to the back end of your job, like doing brining in a project before its time or meeting production quotas on time but it is not thinking you will do a good job before you do the work.

The Added Financial inventive is exactly what it means, there is an added financial incentive to taking or doing the work because it does not meet one of more of the criteria a person or business sets to do the work. This term is not politically correct by any means but fits what we do here.

 

[OntarioVanMan]

Greg..your separating grains of salt here....drivers meet production quotas set by owner... on time, acceptance, in service....gross totals are all quotas and drivers meet them hence bonus....to an old time trucker it's a "bonus"
You try and tell a 30 yr ole pro out here "Financial Incentive" he'll likely walk away laughing.

Stop trying to "yuppatize" the biz.

 

[Tennesseahawk]

LOL OVM, you crack me up! Yuppitize!

Makes me wonder what George Carlin would say to ADDED FINANCIAL INCENTIVE.

Actually, incentive is fine. But bonus is finer.

 

[OntarioVanMan]

LOL OVM, you crack me up! Yuppitize!

Makes me wonder what George Carlin would say to ADDED FINANCIAL INCENTIVE.

Actually, incentive is fine. But bonus is finer.

Yuppitize...verb...the act of yuppiying???*L*

If someone only meets the criteria for which they signed on to make. No Bonus required. Theya re only doing what they commited to do it the first place.

Now IF they should exceed the job expectations ie criteria then a bonus would be a very good thing...

 

[greg334]

Yuppitize...verb...the act of yuppiying???*L*

If someone only meets the criteria for which they signed on to make. No Bonus required. Theya re only doing what they commited to do it the first place.

Now IF they should exceed the job expectations ie criteria then a bonus would be a very good thing...

My question is what bonus does Express-1 give out if your numbers are above average?

I actually both of you are funny, you both got it backwards.

Using the word bonus dumbs down the word financial incentive, which it actually is. Something akin to an auto worker getting a bonus that actually profit sharing for just doing their job they, it is like the word bonus better because they don't have to think what profit sharing is and speaking in union terms, the word profit sharing is not part of the vocabulary of the union, it makes them look well like they are not doing anything for their rank and file.

When I say bonus is a wrong word to use, this does not mean that you get a prize at the end of or during the load, like "I saved 200 miles by not having to pick up that second load but I got paid the same, what a bonus that was", not what I mean. What I am saying is that a company like panther is using the term to give something extra to take a load and people get this mind set that it is a bonus when it is an incentive to do something.

And furthermore I wasn't talking about a contract between a driver and an owner, that is where the word can be applied.

 

[Tennesseahawk]

Actually, I'd call extra money they give for taking crappy loads - incentive.

 

[cheri1122]

I don't really care WHAT it's called - I'd just like it to be based upon the factors within my control, and not upon those I can't control.

 

[Tennesseahawk]

Blah blah blah, Cheri. You already told us.

 

[OntarioVanMan]

Actually, I'd call extra money they give for taking crappy loads - incentive.

And yes and after doing said crappy run..you did it so well that they paid you a "bonus" as well as the "incentive" that was offered "before" you did it.....

A car dealer offers you "incentives" before you buy the car...not after the deal.

 

[OntarioVanMan]

An incentive is like the carrot before the donkey or as you call it a set of criteria to make....the pay after achieving the carrot is the "bonus"

 

[highway star]

Getting a bonus would be good luck, wouldn't it?

 

[OntarioVanMan]

Getting a bonus would be good luck, wouldn't it?

Star..you know there is no such thing as luck....come on now....just a set of circustances that favours your position.