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Drivers' Payment * USA - Con-way Sets Pay Package
Plan for Drivers Includes Better Pay Incentives, EquipmentUSA -Transport Topics -15 May 2007: -- Con-way Truckload said Tuesday it has instituted new driver pay structures and programs aimed at attracting qualified team drivers... The improvements include both compensation- and non-compensation-related benefits, including:
• A $3,000 sign-on bonus for new, qualified team drivers;
• Payment based on “practical miles” — closer to actual miles driven rather than industry-standard “shortest-route” compensation, enabling drivers to earn more;
• An annual incentive compensation plan of up to 7% of annual pay for eligible drivers if the company meets its financial goals
• Referral pay for successful recommendations of new and qualified driver teams;
• Increased vacation pay; and
• Voluntary “per-diem” pay.
• A $3,000 sign-on bonus for new, qualified team drivers;
• Payment based on “practical miles” — closer to actual miles driven rather than industry-standard “shortest-route” compensation, enabling drivers to earn more;
• An annual incentive compensation plan of up to 7% of annual pay for eligible drivers if the company meets its financial goals
• Referral pay for successful recommendations of new and qualified driver teams;
• Increased vacation pay; and
• Voluntary “per-diem” pay.
The company also said the benefits include “more comfortable” equipment provided by Volvo, more home time, wellness coaches to assist with things like smoking cessation, and ergonomically correct seating... Con-way Inc. is ranked No. 6 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers...
Labels: drivers payment USA
posted by Unknown @ 3:52 PM
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