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Compensation: Percentage pay dominates among owner-ops

It s about the only way  I would do it. If you operate for all-miles pay . you re letting the house hold your cards. [When you do that,] the pay s always going to be less. Owner-operator Henry Albert Percentage of the load/revenue has risen to predominance over many years as the No. 1 compensation structure for owner-operators leased to motor carriers. Owner-operator Henry Albert was referencing that model when he spoke the words above.  Nearly 8 in every 10 leased owner-operators in Overdrive s audience today are compensated on a percentage model, according to our 2021 compensation survey of owner-operators leased and with authority, small fleets and company drivers. It hasn t always been that way. As

Compensation: Percentage pay dominates among owner-ops

Compensation: Percentage pay dominates among owner-ops
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Karrie Grundy, director of recruiting for Sisu Energy, speaking to NPR s Planet Money   I think I can safely say that Grundy wasn t talking about my own podcast interview with frac sand hauler Sisu Energy s President Jim Grundy when she told National Public Radio s Planet Money that news stories highlighting astoundingly high pay for drivers at Sisu a potential $730K annually! ignored the difference between revenue and net income for owner-operators. Hear Overdrive s podcast interview with Sisu Energy owner Jim Grundy about growth the company s experienced with a percentage-pay model for dry-bulk frac sand hauling via this link. Or catch it in the player at the bottom of this post.Most every Sisu driver is in fact a contracting owner-operator or small fleet; you ll find some drivers employed by those small fleets, but not raking in $14K/weekly in W2 wages. Over the weeks since our podcast aired with Sisu, Grundy s story and his efforts to attract owner-operators to

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