10 Facts to Know When Using Truck Driver Signing Bonuses

10 Facts to Know When Using Truck Driver Signing Bonuses

Truck Driver Signing Bonuses 1

Lately, truck driver signing bonuses are common practice by trucking business owners for drivers that are joining the trucking company for first time.

And there is no wonder why!

With the shortage of drivers, especially quality truck drivers, trucking company owners are desperate and ready to offer everything they can, including truck driver signing bonuses, in order to gain new drivers. And not only gain them but keep them as long as they can, in the company as well!

The truck driver signing bonuses are normally offered in cash, but they can also be given in the form of tuition reimbursement for truck driver training programs.

Truck Driver Signing Bonuses 2
Source: www.cdn.govexec.com

The exact amount of your sign-on bonus depends on several factors including:

  • Experience;
  • CDL endorsements (like HAZMAT);
  • Whether you are an owner/operator;
  • Job location.

Furthermore, from what I’ve heard, the best truck driver signing bonuses are given to long-haul and heavy haul or OTR drivers compared to the flatbed trailer drivers or some other types of driving positions which does not gets that high end truck driver signing bonuses.

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