Prime revises reefer compensation plan

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Prime’s new compensation structure for all current and future refrigerated division company drivers starts as high as 35.5 cents per mile, based on experience.

Some current drivers now earn as much as 62.5 cents per mile, including all bonuses and fuel surcharge and driver training programs.

The program rewards drivers based on the number of years they have driven and credits experienced drivers with mileage driven for future pay increases.

Prime’s refrigerated division accounts for more than 70 percent of its drivers.

Prime also has increased the company’s contribution its employees’ 401K plans by 20 percent. All employees that have been with the company for one year are eligible for the 401k plan. Prime matches every employee dollar with a 50 cent contribution of as much as six percent of the employee’s gross pay.