Schneider National, the nation’s largest truckload carrier, announced that it will implement a new per diem pay package option effective Jan. 1, 2006. Under the program, Schneider will reimburse eligible company drivers based on a portion of their mileage rate, tax-free, for each night spent away from home — lowering taxable income and increasing take-home pay.
Per diem is defined as a per-day allowance for daily expenses, and Schneider’s program benefits company drivers handling mileage-based work. For each night “away from home” — a 24-hour period as defined by the Internal Revenue Service — drivers are reimbursed up to $52 tax-free. Schneider can offer this option to its fleet because over-the-road driving has a high frequency of time away from home.
“Schneider continually looks for ways to deliver programs that make a difference in our drivers’ lives,” says Wayne Lubner, vice president of driver and contractor relations for Green Bay, Wis.-based Schneider National. “For drivers who are away from their families for extended periods of time, the per diem program can provide more take-home pay and is one more way that Schneider is offering choice and flexibility to its drivers.”