Drivers

Drivers Prefer Percentage Split Over Other Payment Methods

January 29, 2015

SHARING TOOLS        | Print Subscribe
Graph via Stay Metrics.
Graph via Stay Metrics.

Drivers are more satisfied with a percentage split pay, rather than hourly or per mile methods, according to a recent study by Stay Metrics.

Percentage split pay means drivers get paid a percentage of the invoice that is billed to the customer, instead of being paid hourly or per mile.

Stay Metrics compiled data from more than 4,000 drivers with 31 different carriers. Of those 4,000 drivers, 2,364 were paid on a percentage split, 1,795 were paid per mile and 360 were paid hourly. The study found that drivers paid on a percentage split were 31% more satisfied with their pay than hourly and 29% more satisfied that per mile drivers.  Hourly drivers were the most likely to feel that they were underpaid.

The research also suggested that drivers who preferred a percentage split arrangement have driven for more carriers, according to Stay Metrics.

Ultimately, the research pointed to a correlation between perceived input into one’s pay and pay satisfaction, with drivers who felt they had input also having more satisfaction.

“How someone is paid is as important as what they are paid,” said Tim Judge, director of research at Stay Metrics. “I think paying based on customer charge leads drivers to believe that their pay is fair, because it shows an alignment between what the carrier gets and what they get."

Stay Metrics is a recruiting and retention consulting company aimed specifically at truck drivers. It uses research and behavioral psychology to gather and interpret data on drivers.

To see the full report click here

Comments

  1. 1. Gary Brown [ January 31, 2015 @ 10:44AM ]

    Over the years I've worked at just about every pay type there is. Of course there are PRO's and CON's with all of them. Mileage pay is losing out because of the HOS rules. Percentage pay is ok as long as you get a percentage of the gross, after all you are part of the expense end. like fuel. The rub comes when the company wants to pay you a percent of the Net. Hourly pay turns into a crap shoot. If you are away over night, or gone for a period of fourteen hrs. From the time you start till the time you finish a shift. Everyone wants to make all they can, and companies want to pay as little as possible. I've made as much as eighty five thousand dollars in a year and as little as thirty one thousand. Different bennies. Older drivers are retiring because you can end up in the jail for the least small infraction, that was nothing a decade ago. So tell me what would you do. I dove for forty five years and still pass my physical I have my CDL's and HazMat. and my health. Still enjoy a trip are two every once in awhile part time. will never drive OTR again. Because of the HOS, and inexperienced drivers that are out there now your exposure to having a problem is much enhanced and as I mentioned just not worth the risk. I still enjoy your mag along with three other monthly truck mags. Take care. keep up the good work.

  2. 2. Fidencio Garcia [ May 27, 2015 @ 08:04AM ]

    What about Oil field drivers.

 

Comment On This Story

Name:  
Email:  
Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.

GotQuestions?

ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All