How To Understand Trucker Pay & Benefits
Long drives, big trucks, and truck stop food are just some of the things that go along with being a trucker today. For a truck driver, however, the biggest incentive is their paycheck…
We’re well into 2020 and freight demand is on the rise again. Truck drivers are still in high demand with a massive lack of qualified drivers to fill the ranks of many trucking companies.
But for potential drivers, the biggest question remains: how much does truck driving pay in 2020?
There are a few variables that go into the “average” we use, but it comes from over 6.5 million salaries submitted from truckers online and job boards.
A large data source of this kind allows us to have a better understanding of how much the average trucker will make and share it with you. Remember, this is a national average and you should check with each company to verify the data in your area.
Our new median pay is $59,158
This comes out to drivers earning $1,137 per week. From the data set provided, we can also see that at the lowest point, salaries were $17,200 per year. We’re assuming that this is a part-time position wherein the driver did not log a lot of time.
Alternatively, the high-end salary was $166,000 per year. These drivers either have a very long tenure, but most likely they’re owner-operators.
Trucking Company Pay Rankings
Pay Per Hour
Often, truck drivers will negotiate their salaries around a rate that is based on mileage and not on hours. For an experienced independent truck driver, the rate per mile could be as high as 60 cents a mile. This means for an experienced independent truck driver traveling an average of 70 miles an hour on the interstate can make an average of 42 dollars an hour. If the haul, or trip, equals out to 800 miles then the driver will make $480. This of course does not include his or her rates for accommodations.
Experience and Reputation
The average driver pay is based on your specific driving experience and reputation.
A reputable truck driver is often going to get paid a higher rate because he or she is in high demand.
Until a driver builds a reputation as a professional and reliable CDL driver they will have to be satisfied with a lower pay rate. Just like many other job professions out there, the amount you earn will depend on a person’s ability to perform at or above the employer’s expectations.