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ATA Driver Compensation Study to offer benchmarks on pay, bonuses, benefits

Updated Oct 22, 2014

Graphics: AMERICAN TRUCKING ASSOCIATIONS

How does your fleet’s pay stack up against others in your segment?

American Trucking Associations will offer a benchmarking tool to let carriers knew exactly where they stand with the upcoming release of the 2014 Driver Compensation Study.

As previewed at the recent ATA MC&E, the study is a comprehensive evaluation of the way fleets pay their drivers, including details ranging from base packages to whether or not companies lump together vacation days and sick days as part their drivers’ PTO.

Laurel Leitner, a research assistant in the ATA economics department, noted that she came to ATA earlier this year, and has a background that includes research related to executive compensation.

“I thought performance-based pay for executives was complicated, but I learned very quickly that driver pay was equally as complex,” she said.

Because of the complexity and the level of detail sought in the study, the process was “time consuming and challenging,” for participants.