Howdy drivers. So I’m considering hiring a driver to drive my equipment so I could spend more time with my family. I have a wife and 2 young boys. I work in the south Texas oilfield driving pneumatic tanker hauling frac sand. Mostly everyone I’ve talked to who has a driver pays 1099/percentage but it seems pay scales & rates are all over the place so I’m trying to go with a fair but common market standard and try to fit it to this field. What’s the average standard of percentage to a 1099 driver? I’m thinking somewhere along the lines of starting him off at 25%, 30% after 90days and top rate 35% in 6 months. There is some skill involved and a learning curve in oilfield pneumatics. So say the main company I’m contracted to takes 15% and 85% goes to the truck. So if the gross of the truck makes $10,000 in a week. $1500 going to the contract company and $8500 goes to the truck. Is the standard starting driver 25% percentage paid based on the $10,000 total or the $8500 to the truck? Netting the driver $2500 or $2125 respectively. Keep in mind I’m paying all insurance, company and misc. fees, fuel, repairs and maintenance. Thanks in advance and keep the rubber side down.
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If inexperienced with the oil patch, I’d start him at 24% gross revenue before anything is taken out..
90 days in bump to 25%.
30-35% is a number I’ve never heard. Doesn’t mean it don’t exist, but sounds high too me.. 25-27% is a reasonable amount imo..
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