How much do Truckers Earn? August 28, 2019 | By: Duncan A study Across the United States of America • Categories that determine income • Factors that determine income • The salary of truck drivers When deciding to become a trucker, the following are some of the factors that one must consider; • It is not for everyone since it is very taxing and can test your limits for endurance. • Salaries do vary depending on the companies that hire. • Payment varies as some companies pay per mile while others pay per hour Financial viability and stability is the center of every trucker's job. They enjoy the satisfaction of long- term job security. Categories that Determine Income Four categories influence the amount of payment one gets as a truck driver. These include; • Student truck driver • CDL truck driver • OTR CDL truck driver • Team truck drivers Among all of these, the OTR CDL drivers earn the most salaries compared to the rest. This is because they are licensed. Their salaries average around $82,000 per annum. They are followed by the team truck drivers who earn an average of $71,000 per year. CDL truck driver's earnings are approximately $41,000 each year, and the least earning group of drivers is the student truck drivers who earn an approximate of $41,000 per year. Factors that Influence Driving Income The following factors influence these differences in income rates; • Mileage • Licensing and the level of education attained • Location • Experience • Bonuses • Specific Roles Companies that offer payment per mile offer the best salaries as compared to those who pay per hour. Bonuses and benefits of salary often reward a driver who meets thresholds. It is important to note that for one to be a truck driver, one has to attend training at a driving school. Some driving schools offer sponsorship for students who are willing to indulge in this business, but upon graduation, one's salary is deducted to repay the initial sponsorship cost.