Flatbed Trucking Jobs

March 2016

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22 www.FlatbedTruckingJobs.com March 2016 BEST PRACTICES subsequent months. The results from this unique analysis are summarized below: • Bonus rate. The mean bonus rate for drivers in the study is 3.5 cents per mile. Drivers earned a monthly bonus that was calculated from their scores in four categories — compliance, vehicle care, fuel, and production. The model suggests that for each time off request met, their bonus rate increased nearly three percent the following month. • Miles driven. On average, drivers had approximately 8,577 miles per month. For each time off request that was met, the model showed they traveled 218 more miles the following month than drivers who did not take time off. Using a hypothetical rate of $2.00 per mile for revenue, each time off request met generated $536 more in revenue the following month. • Total bonus pay. This is the product of bonus rate and miles driven. The mean is $344.66 per month and the analysis indicates drivers who took time off earned $17.85 more in bonus pay, per month, than drivers who did not take time off. This is an increase in bonus pay of more than fi ve percent. F PUZZLE ANSWERS

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