COMPANY TRUCK DRIVERS OR lease operator, pay comparison. OWNER OPERATOR VS COMPANY DRIVER. Paystubs

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Who Makes More Money? Company Drivers or LEASE operators. Paycheck comparison between Lease operators and Company Drivers. Comparing 3 Company drivers and 3 LEASE operators with same millage production. Payroll VS Self employed.

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Stay company EVERYONE please! Budget & finance a truck with patience & hard work.

blackfivetrucking
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Owner operator hauling for 1.45 a mile. Yall sure screwing him. I bet the loads the shipper is paying is from 3 dollars to 5 dollars a mile depending on what you are hauling. If drivers knew how much the shippers really paid things would change

skrapenpennies
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Warning: this guy is FOS. He’s showing you one pay period out of a truckers whole year. Ask him to show you the lowest paycheck or negative paychecks back to back. Ask him to show you pay average year over year.

Think about it: would the company really do leases if it didn’t mean more money for them?

RUdigitized
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Truck Drivers have been underpaid for years, while costs have steadily gone up. The risk is not worth the reward but now is the time for truck drivers to demand and solidify what we deserve.

AnSTruckRepair
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I don't mind earning company driver wages as an owner operator for the first 4 years, because after that I'll own the truck. A company driver after 4 years is still a company driver. Leasing is not bad but it highly depends on what company you lease with.

atifmarkous
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It seems like being a company driver is like working a government job, you don't have to worry about anything but driving and everything you do is at the expense of the company even though you aren't making as much money. The lease operators and O/Oers make a lot more money but they have to be real hustlers and have a little business acumen to stay ahead of the game. I guess if you don't want to deal with certain headaches and are satisfied with the pay and never being home then company drivers seem like the best route.

changemymind
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Leasing is a great option for individuals without high personal debt, a stressful home situation and a solid work game plan. People that failed at it downplay it and drivers that took a different direction to eventually own a truck think their way is best. Instead of sharing knowledge genuinely, drivers have become individuals that place themselves on a pedestal. Regardless of being a company, lease, or O/O you need to know and set a bottom line number to take home. Plan your prime running lanes weekly like you plan your trip daily to increase your weekly success and do your pre and post trip. Lastly, never stop networking and learning from those doing the same albeit better or worse than you so you're constantly learning.

scmarine
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Lease purchase - Great for trucking companies. You pay for the truck, they make profit off your work.

scotts
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Pls bring up more videos frequently, hope to be an associate driver with Ettransport sometime soon. Great!

gjfilms
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I'm a rookie and have talked with several lease drivers ALL of them have leased for years and are happy, the guys that leased and failed were the guys that couldn't stay on the road because they had young children or a wife that they had to take time off to try to be present, but the other guys that had adult children or no commitment love it

lammy
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Companies don’t leas trucks to people because they love you and pay 60% more. They know that it benefits them more to lease rather than have company drivers. You take all the risk like an idiot because you get hypnotized by the gross numbers 🤦‍♂️

radekwe
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Shipper pays $ 6.00 a mile to freight broker/company now broker/shipping company pays owner operator $ 1.35 a mile

arayabuchichi
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That lease operators pay at 2 weeks, REMEMBER he STILL HAS TO PAY His TAXES on that NET income SOO the Lease operator made much Less than what this guy is saying, Tell the truth Dude, stop misleading these guys... If you love OTR, better to stay Company or ACTUALLY OWN The Truck straight up (period) and...why are you screwing these lease ops with that mileage pay...you are ripping these guys off. There needs to be some kind of Legislation and regulations put into place, to stop these predatory lease purchase programs.

ELMarTiLL
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Taxes, repairs and maintenance. Things that eat your profits. Something to consider.

Apogge_kings
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You forgot his referral fee of $300 and to subtract taxes that he's on the hook for. Leasing from a company gets you hosed.

dadderall
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Who paid the insurance on the truck and trailer ? I did not notice that deduction on the payments. It will be nice to see a video on what does ET transport covers as a owner operator, lease operator. We that in knowledge than we can actually do the math and know if that will work or not. It is true that some companies paid by the load over 3$ per mile but when you take in consideration that you are getting charge a percentage for it than it may not be a big difference if you get paid by miles. A lot of companies that work like it won't paid empty miles.

mikecioka
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The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich

ahmedhusseina
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I got a simple formula to know if it's worth it to work at anything in particular. Hourly wage. That's it. I expect to earn as much as a unionized construction worker which is $35/hr. If I get into the snow plowing business and work for 10 hrs I expect to make $350 clean, after paying off fuel, wear & tear, etc, etc. If I'm going to fix someone's car and I think it's going to take me 2 hrs then I will charge that person $80 bucks labor. Not including parts. The same goes for truck driving if it's my own rig/truck. I expect to make no less than $35/hr clean, after having paid off fuel, wear and tear, tolls, food, insurance, etc, etc. If I am not making at least $35/hr no job is worth it for me. If I work 50 hrs a week driving I expect to make $1, 750 weekly or $3, 500 bi-weekly.

But anyone driving a company truck shouldn't expect to make more than $26 an hour.

alienlatino
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The good thing about Canada is benefits and vacation pay

mbekka
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As a Canadian carrier how are you taking US-US LOADS? Please make a video

mustafahasan