Truck Driver Salary
February 17, 2012
A truck driver is held responsible in transporting different things such as cars, furniture and heavy machinery from one area to another. As decreed by the United States Department of Transportation, these motorists are mandated to keep a log of their daily driving activities. The typical truck driver salary is calculated per mile. The entry level income in this industry is around 27 to 44 cents per mile, depending on the trucking company. There are actually a lot of things that can make a discrepancy in a truck driver salary. For example, team drivers are paid higher than solo drivers. Work experience and geographic placement are also factors that can influence the yearly compensation for this career. Here’s is a natioanal estimate average that will allow you to come to a conclusion of what you might expect to see in a truck driving salary.
According to the Bureau of Labor Statistics, the trucking industry makes up around 64 percent of the entire cargo that is being transmitted in the country. As you can see, it is a big part of the American culture. In fact, it makes up to $225 billion of revenue for an entire year. Now, most of the trucking companies in the U.S. have an average annual remittance of $98 billion. Looking at these figures, you can come up with the conclusion that this industry works on a huge budget and earns a relatively small amount of revenue. This information will give you a clear idea of how the truck driver salary is calculated. Based on the logs submitted by these wage earners, the average number of miles that a driver travels in a year is at 100,000. You will get the same figure if you multiply the Earth’s circumference by four. With an individual’s years of experience, this number will grow bigger as well resulting to the increase of his or her truck driver salary.
To make an estimate, the mean annual income range of a truck driver is $32,400 to $42,300. The amount is dependent on the company’s earnings in revenue per annum. To explain further, if a company has an average pay rate of $42,300 every year then this means that the company’s earnings in revenue is around $150,000. When you reduce the costs to this amount, this will give you $75,000 worth of profit which will then serve as the gross truck driver salary. The truck driving job with salary is determined by the type and size of company as well. The federal government has a yearly pay rate of $35,316 for its truck drivers. Self-employed workers make an average of $37,324 in a year while those who work in teams earn $40,657. Trucking industries that have about 50,000 employees pay a mean income of $48,234 to $76,059 per annum. Smaller companies, with less than 5,000 drivers, have an average yearly pay rate of $35,947 to $60,094.
As mentioned earlier, the geographic location of an individual plays a major role in his or her truck driver salary. Here are some of the major states in the country and their corresponding average rates for their drivers. Laborers residing in Georgia have a salary range of $36,054 to $57,248 in a year. Those who are employed in California make an average of $36,041 to $58,456 annually while the ones in Ohio get $34,620 to $51,180. The mean annual income of truck drivers in Pennsylvania is $36,297 to $60,155 while laborers in Illinois receive $38,727 to $59,938. Experience can also make a disparity in a truck driver’s yearly pay check. The Bureau of Labor Statistics has recorded that senior truck drivers in the United States, with 20 years or more of driving experience, have a medial annual pay of $38,956 to $64,472. New drivers with less than one year behind them are paid $30,062 to $44,333. The rates will always be determined by the type of employer that these drivers work for.
Being a truck driver is not as simple as just maneuvering a 10 to 18 wheeler vehicle that carries loads of merchandise. Aside from the road rules that are mandated by the government, there are also company regulations that need to be followed. This is the reason why it is very important that all drivers undergo a truck driving training. There are many different ways in which you can get the training that you need. In fact, there are several industries that provide truck driving jobs with training. This usually works by signing an agreement with the company that you will work for them in a certain period of time. If you meet their requirement, then they will provide you with a full reimbursement of the training expenses that you had. However, if you resign from the company before your contract is over then they will charge you of a prorated amount instead. One of the most important requirements for this job is to secure a Commercial Driver’s License or CDL. Acquiring such license will mean that you have the ability to operate commercial motor vehicles such as big trucks. Some companies provide a free CDL truck driving training as well. The MTC Truck Driver Training is one of the best American training schools available for you. This school is affiliated with a number of trucking industries that willingly sponsor their programs. Graduates of the MTC are directly hired by these companies and are provided with benefits and privileges too. To get more information on their truck driving jobs with training options, you may call them at 800-455-4682 or directly submit an application form through their website.
Similar vocational fields that may be of interest to you include HVAC training programs that offer courses for automotive technicians and residential/business heating air conditioning and ventilation techs. Forklift operator training courses, offer careers driving forklifts and other machinery paying a similar salary to truck driving in certain fields.