So, what things should people be looking at if they're considering taking a CDL job? Locally I'm seeing offers of about $85K ("Averages projected at...") to $130K a year and sign-on bonuses of about $5K to $18K. Frankly, that seems to be ridiculous money - which makes me suspicious...
Here's something to chew on: In 2019-2020, the average advertised pay for an OTR driver was $75k, but in the same time frame, the BLS reported the average OTR pay at a hair over $47k.
Basically, most advertisements are full of shit. They take the top 10% of drivers in their company and average their pay and call that their average driver's pay without divulging the math tricks or informing you that this includes pay for being a trainer, etc. You have to call each of them up and listen to what they are saying, write it down, and call them back later if interested. See if any of it makes sense... like if the job is "Regional Reefer" and they are saying you will average 3,000 miles per week, they are FOS. The average Regional Reefer driver only gets 2200-2400 miles per week, nowhere close to 3k (due to the nature of the job, there are more "live" loads/unloads which take time out of the driver's clock to run and make money). If they are saying their drivers average $85k, but they are paying less than 50 cents per mile, they are FOS. Without other pays factored in, that would require 170,000 miles. If 12% of the pay comes from other sources (layover, stops, detention, etc; 12% is the national average), that means you need to drive 150,000 miles to make that money at 50 cents per mile. That breaks down to just under 2900 miles per week, which is, once again, a red flag that they are LYING to get drivers in the door.
The national average turnover rate for trucking companies is 98%. About half of the people leave the company due to lies during the recruitment process (promise of big money that doesn't exist) and the other half due to mistreatment by the company (dispatchers, mostly). Ask the company what their turnover rate was this past year. We'll gladly tell you that for the past 10 years, we have enjoyed turnover rates ranging from 29% to 37%. If the recruiter hems and haws, balks at giving you a number, or that number is greater than 50%, THERE IS A REASON! You don't want to work there.
Our company isn't the best paying, but far from the worst. Everyone makes 55 cpm base, and mileage/performance pay begins at 1800 miles/week. Make 1800 miles, and you can add 4 cpm for all miles that week (not marginal or only the miles beyond 1800). Make 2400 miles, add another 6 cents. This means you will make 55/59/65 cpm for all your miles, depending upon how many you drove that week. Accessorial pays average about 15% here, too. The average driver runs about 2300 miles per week here. Based on that, you can deduce that the average driver gets about half his pay at 59 and the other half at 65, averaging 62 cpm +15% accessorial. 2300 * 52 * .62 + 15% = $85,275... and these are our actual average numbers, which is why we primarily lose drivers to disqualifying medical factors, chemotherapy being the #1 (they're getting old). The few that leave for "greener pastures" usually return within a few weeks when they realize those advertised numbers elsewhere were a bunch of bovine excrement. The last one left for a company that was advertising 70 cpm and 2800 miles per week. 3 weeks later, he was calling to see if he could come back and drive for us, as those advertised numbers never materialized.
Basically, caveat emptor to the extreme in this industry. Say NO to any 1099 position (bunch of thieves use that trick, usually Russian, Eastern European, or Asian owners). Due diligence is a must. Don't believe a thing the recruiter is saying if it sounds rosy, as it isn't. And ask any questions here... I'll tell it to you straight.
Also, check into the forums at the "Truckers Report." There are actual driver reviews about many carriers there, and drivers with first-hand knowledge dealing with the companies will tell you what to watch out for with each particular one.