Save Money by Paying Per Diem
You may be thinking, ‘how can I save money by paying per diem?’. And before we dive in to how per diem can benefit your trucking company, let’s review what it actually is.
Per Diem (Latin for ‘per day’ or ‘for each day’) or daily allowance is a specific amount of money that an organization gives an individual, typically an employee, per day to cover living expenses when traveling on the employer’s business. A per diem payment can cover part or all of the expenses incurred.
How Does Paying Per Diem Save Me Money?
Paying per diem as a substitute for wage puts more money in the driver’s paycheck, which helps with recruiting quality drivers, as well as retaining those drivers. If you want to read more about the other ways you can recruit and retain more drivers, check out our article here.
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Do you want to save that kind of money each year?
Please call us at 616-608-1800 or use the contact us page to reach out and learn more about per diem and trucking payroll.
Do you want to save even more money for your trucking company this year?
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With Ascend TMS you can manage every aspect of your trucking and logistics operations with the same TMS technology used by the world’s largest trucking companies. Ascend TMS gives you and your entire team complete control over your daily freight movements, including load posting and load searching, driver pre-planning, dispatch, driver tracking, ELD integration, driver texting, document management, accounting, reporting, factoring, asset management, driver pay, IFTA reporting, driver qualification, and so much more.
Written & Edited by Gentry DeWinter
Gentry graduated from Grand Valley with a Bachelor’s Degree in multi-media journalism. She is an artist who loves videography, writing, and hopes to one day own multiple dogs.