Personal Finance Drive Like a Woman
April 29, 2022
Share this article:
The average annual salary of any truck driver regardless of gender is about $74,000, according to Indeed. But actual pay rates vary depending on the employer, region, type of equipment, and driver experience.
Keep in mind that many companies offer incentive programs for safe drivers, and since women are statistically safer drivers than men, you may qualify for safe driving bonuses offered by your company.
On average, men do make more money than women as truck drivers, as in many other industries. On average, in the United States, women made $0.73 for every $1.00 a man made in 2020. This is not the case for every driver or every carrier, but on average, women do make less.
There are many ways to increase your earnings as a truck driver, though. For example, you can get an endorsement to drive more profitable loads. Another way to get the most for your work is to budget your money efficiently.
The great thing about truck driving is that you can decide your earning potential. For example, drivers who spend more time away from home or who drive hazardous materials typically earn more than those who don’t. You should think about how much you would like to make and then figure out what kinds of loads or routes you need to run to earn that amount.
Many carriers also offer advancement opportunities. Discuss growth potential with any new employer before signing on, and decide if you want to increase your earnings by becoming a trainer, manager, or other leader.
You may also decide to pursue a career as an owner-operator. Owner-operators make, on average, $167,000 per year according to Indeed. But as an owner-operator, your earning potential is essentially unlimited. You’ll decide which loads to run, and you can run the numbers before you accept a job to make sure it’s profitable for you.