Celadon Trucking has officially launched its new WageLock program. Company drivers can earn up to $1,000 a week, regardless of miles logged.
Effective Nov. 4, WageLock is a program that rewards good drivers and ensures they get paid for their good work, even in times of low available miles, according to Celadon’s website.
Company drivers in the U.S. who operate dry van, temp control and Osborn OTR are eligible. Students and rookie/experienced refresher drivers are also eligible. Lease-purchase drivers are not eligible for the program.
Exact payout is based on a driver’s Driver Scorecard status. The range is anywhere between $490 and $1,000 a week. WageLock is supplemental to earnings up to the specified weekly amount, allowing drivers to earn more than the WageLock level they qualify for.
A solo driver can earn a WageLock payout of $900 a week. If a qualified solo driver earns only $825 for the week, a WageLock adjustment of $75 will be added to the paycheck. Solo drivers can still earn more than $900 each week. WageLock only guarantees that the driver earns the minimum $900 when uncontrollable circumstances in the industry limit miles.
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