Driver Pay at TMC

How Does Driver Pay Work at TMC?

on Tuesday, March 19, 2013 in Company News


At TMC, we give our OTR drivers the option on how they want to be paid, by mileage or percentage. This often raises the question from potential drivers, which one should I choose? Our performance based percentage pay package is by far our more popular option, and was chosen by more than 85% of our fleet. Below is a brief description of each pay package and how they both work.

How does the percentage pay package work?
Our percentage pay package allows drivers to make a percentage of the revenue of the load that they’re hauling. The percentage drivers can be making on this pay package ranges between 23%-32% of the revenue. It’s a performance based pay package – so the better the driver performs, the better his percentage each month! We have to start brand new drivers with us off somewhere, so we start off our student drivers at 26% and experienced drivers at 27% their first month. Since this pay package is based on performance, not tenure, this gives the driver the unique opportunity to give themselves a pay raise in the second month of driving with us. That second month, we’ll evaluate their work performance and determine their percentage from there, with 27% being where the average driver in our fleet is performing. This is a unique opportunity to student drivers, as they can be making just as much as a veteran TMC driver in their second month of driving with us. Experienced drivers love it because anytime TMC gets a rate increase their share of the revenue gets an immediate increase as well.

We do still value your longevity with the company, and will reward you for your long-term hard work with us. Drivers with 1, 2 and 3 or more years of experience with TMC are guaranteed base percentage rates of at least 24%, 25% & 26% respectively.

How does the mileage pay package work?
We also understand that some drivers are just more comfortable being paid by mileage. Our mileage pay package is a standard, tenure-based pay package that’s based on all dispatched miles, loaded and empty:

Student drivers
$.35 per mile to start
$.36 per mile at 6 months
$.38 per mile at 12 months
$.39 per mile at 24 months
$.40 per mile at 36 months
$.41 per mile at 48 months

Experienced drivers
$.37 per mile to start
$.38 per mile at 12 months
$.39 per mile at 24 months
$.40 per mile at 36 months
$.41 per mile at 48 months

What if the driver wants to switch?
We offer two different enrollment times throughout the year if drivers want to switch which pay package they want to be on, so they are not permanently stuck on either package. We also do not require them to choose how they want to be paid until after they have completed orientation and training and are assigned to their own truck. This allows for the driver to make a more educated decision on which package they feel would be best for them. 

To learn more about driver pay, you may call recruiting at 1-800-247-2862.