An additional penny a mile doesn't sound like a big increase but if you drive 100,000,000 miles, that's an extra $1,000,000 (before taxes). Wooh!
Walmart raises pay for truck drivers
CNN Business, Jan 25 2019 1:23 PM
Walmart hopes a pay raise will solve its trucking problem. The company announced this week that its more than 8,000 truck drivers will get around a $1,500-a-year raise. Walmart, the world's largest retailer, hopes higher pay will help it retain those drivers and hire 900 new ones this year.
A shortage of truck drivers nationwide and high turnover rates in the industry have hit Walmart at a bad time. The company faces pressure to deliver goods on time to its 4,700 stores and online distribution centers to compete with rivals like Amazon. Walmart has its own private fleet of 65,000 trailers, one of the largest in the country. Last year, Walmart brought on more than 1,400 new drivers.
Walmart drivers get paid per mile. Pay varies based on their tenure at the company. Beginning in February, Walmart will give a one-cent-per-mile increase in pay. That means drivers will now make about 89 cents per mile on average and $87,500 a year.
https://www.cnn.com/2019/01/25/busin...pay/index.html