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Cowan Systems has implemented an incentive program that guarantees every newly hired driver a $15,000 bonus, the company announced Aug. 19.
The Regional Driver Incentive Program also includes additional bonuses based on experience.
Those qualified CDL-A drivers who join the company by Oct. 1 may have the opportunity to earn $20,000.
“New drivers to Cowan Systems will get more than half of their payout amount within the first six months. This isn’t a sign-on bonus that pays you tiny sums for years,” Steve Wells, chief operating officer at Cowan, said in a statement. “Professional truck drivers who join us now will get their full payout in less than 18 months.”
Cowan said all new drivers are automatically eligible to earn $15,000. Drivers with either one year of experience with their current employer or their hazmat endorsement could earn a $17,500 bonus. Drivers with both their hazmat endorsement and one year of verifiable experience with their current employer will get a $20,000 bonus.
“Once a driver is scheduled for an orientation, we provide the driver in writing the Regional Road Incentive amount, how they qualified for it, and a clear payment schedule,” Heather Fenner, vice president of human resources at Cowan, said in a statement.
Cowan is a full-service transportation and logistics company based in Baltimore. It ranks No. 63 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. — Transport Topics
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