Driver Pay and Benefits
Yarbrough Transfer Company is committed to being an industry leader in the compensation and benefits that we offer to our drivers. Below you will find a summary of the compensation and benefits we offer to company drivers and also a summary of the terms of lease we offer our owner operators.
Summary of Compensation and Benefits for YTC Company Drivers
| Compensation |
- Drivers receive a 24% commission on line-haul for all loads hauled
- Drivers also receive 24% commission on selected accessorial charges, such as tarping, detention, and tipboard charges
- Drivers receive a per diem of $20.00 for each night they are on the road
- The 24% commission is equivalent to a starting per mile rate of 58 cents per mile for all miles traveled
- Guaranteed pay of at least $750 per week
- $20 per load delivered in addition to the 24% commission
|
Health Benefits
(90 day waiting period) |
- YTC pays 90% of drivers’ health insurance premiums under the plan and a portion of family plans
- Voluntary Flexible Spending Account (FSA) plan allows employees to pay for health care expenses on a tax-free basis
- Voluntary dental and vision coverage at low cost
|
401(k) Plan
(1 year waiting period) |
- Matching 401(k) plan
- YTC matches 100% of employee contributions up to 3% of employee annual salary, and 50% of employee contributions between 3% and 5% of employee annual salary
|
| Safety Bonus |
- $800 annually, based upon claims experience
- eligible to be paid $200 quarterly
|
| Fuel Efficiency Bonus |
- $900 annually, based upon achievement of fuel efficiency goals
- eligible to be paid $150 every 2 months
|
| Idle Percentage Bonus |
- $900 annually, based upon achievement of idle percentage goals
- eligible to be paid $150 every 2 months
|
| Driver of the Year |
- Annual driver competition based upon a number of safety, service and professionalism criteria
- $2,500 cash prize to winner; $1,000 cash prize to runner-up
|
| Paid Time Off |
- 6 paid holidays annually
- 8 paid time off days annually
|
| Home Time |
- YTC company drivers are home more than 95% of weekends annually
|
| Orientation |
- 1 week of paid orientation
|
| Equipment |
- Permanently assigned tractors and trailers, with no slip-seating
- All YTC company tractors are 2013 or newer
|
Summary of Lease Terms with Owner-Operators
