Percentage Pay for Drivers
I am wondering what other drivers or companies pay to the drivers on a percentage basis and your thoughts??? We pay 25%-27% to our 1099 driver's of gross revenue, including fuel surcharge. Our full time OTR drivers earn $60k-$70k per year and home every weekend, plus its all newer equipment. I feel it is a fair rate. We do not have any drivers on a W2. However, we are struggling what to set the percentage pay rate at for future W2 drivers. Any thoughts or comments are appreciated.