How much do FedEx delivery drivers make?

FedEx, one of many world’s most recognizable supply corporations, is an extremely prolific employer. Between its categorical, floor, freight, workplace, and different subsidiaries, the delivery and logistics big boasts nearly 530,000 workers worldwide as of 2023. From 2012 to 2022, the corporate greater than doubled its income from simply shy of $43 billion to nearly $94 billion, thanks partly to the various drivers and pilots that function caretakers of the world’s cargo because it leapfrogs throughout skies and highways from senders to recipients.

With a fame for lightning-fast categorical supply providers, FedEx  (FDX) – Get Free Report depends on its supply professionals to maintain “the world on time,” a promise that has served as one of many courier’s predominant slogans since 2001. If you suppose you may need what it takes to “live to deliver” (one other FedEx slogan), you is perhaps questioning how a lot you can make driving one of many firm’s hidden-arrow-clad field vans. Here’s what you should learn about FedEx supply driver compensation, advantages, and job necessities.

Related: UPS driver wage: How a lot you’d make driving the large brown truck

How a lot does FedEx pay supply drivers?

FedEx really has three distinct supply arms — categorical, floor, and freight. Express and Freight drivers work straight for FedEx and obtain the corporate’s typical worker advantages, whereas Ground drivers often work for third-party supply companies that contract with FedEx, so their pay and advantages are decided by their employer.

Here’s a better take a look at what supply drivers make in every of those three classes.

Express

FedEx Express is FedEx’s premium delivery service, providing two-day and in a single day delivery providers through a big fleet of plane and autos. As of 2022, the corporate had greater than 86,000 autos in its supply fleet. Most categorical supply drivers drive field vans and thus don’t want a industrial driver’s license (CDL).

A job seek for “driver” on FedEx Express’ careers web site in October 2023 yielded 708 outcomes together with full-time, part-time, and swing positions. Starting pay for supply driver jobs diverse geographically — sometimes with increased wages supplied in denser, city areas with increased prices of residing — however most out there positions listed a beginning wage of over $20 per hour with the chance to finally earn effectively over $30 per hour with sufficient expertise. Below is a choice of beginning wages for FedEx supply driver jobs in varied places.

Ground

FedEx Ground deliveries are “performed by independent businesses with which FedEx Ground contracts.” In different phrases, FedEx Ground doesn’t rent supply drivers straight — it contracts out supply work to smaller corporations that make use of their very own drivers.
This means pay charges and pay construction can differ fairly a bit between places, as every contractor is exclusive. Some pay hourly, whereas others pay per supply.

According to profession web site Indeed, which calculates wage and wage estimates with user-submitted knowledge from present and former workers together with data listed on public job postings, FedEx Ground supply drivers make a median of $932 per week, which comes out to $25.78 per hour or $53,620 per yr unadjusted for holidays or day without work, assuming a 40-hour per-week schedule. The low finish of the vary was estimated at $300 per week ($17,260 per yr), and the excessive finish was estimated at $1,700 per week ($97,804 per yr).

Glassdoor, an analogous profession web site that additionally estimates salaries based mostly on consumer knowledge, pegs the median annual wage for a FedEx Ground supply driver at $44,989 (about $24 per hour), with the low finish of the vary at $38,000 (about $20 per hour) and the excessive finish at $54,000 (about $29 per hour).

Freight

FedEx Freight employs drivers to function bigger autos like semi-trucks with tractor-trailers to maneuver freight between supply hubs and repair facilities and ship freight to industrial clients. The overwhelming majority of driving jobs with FedEx Freight require a industrial driver’s license (CDL), generally with particular endorsements for issues like transporting chemical tanks and dangerous supplies.

Due to the extra technical nature of driving bigger autos and transporting freight as an alternative of smaller packages and parcels, driver positions with FedEx Freight supply increased beginning wages than these with FedEx Express, however most require a point of trucking expertise. FedEx Freight does supply apprentice driver roles that embody coaching to organize workers to drive industrial autos with the promise of promotion to driver upon profitable completion.

An October 2023 search of FedEx Freight’s careers web site yielded 128 open driver positions. Road (long-haul) drivers are sometimes paid by the mile — often $0.60 to $0.80 per mile. Due to this pay construction, take-home pay varies based mostly on route, and the highest-paying routes are reportedly assigned based mostly on seniority.

FedEx Freight’s metropolis drivers, however, are paid an hourly wage, often beginning round $30 per hour. Below is a choice of beginning wages for FedEx metropolis drivers throughout quite a lot of places within the United States.

What advantages do FedEx drivers get?

FedEx is well-known for its sturdy worker advantages packages, which embody the same old suspects like healthcare and retirement accounts together with extra area of interest perks like delivery reductions and tuition reimbursement. Here’s a better take a look at a number of the advantages FedEx Express and Freight drivers could also be eligible for.

Note: FedEx floor drivers sometimes don’t work straight for FedEx, so their advantages differ relying on which FedEx contractor employs them.

Healthcare

Eligible full and part-time FedEx workers have entry to employer-sponsored well being, dental, imaginative and prescient, incapacity, life, and prescription medicine insurance coverage after 90 days on the job. According to some stories, FedEx pays 100% of workers’ medical insurance premiums (so no month-to-month paycheck deductions are required for protection), and the insurance coverage extends to dependents as effectively. FedEx additionally permits workers to contribute a share of their paycheck to a tax-free well being financial savings account.

Retirement

FedEx, like many different employers, permits workers to contribute to sponsored Roth or conventional 401(okay) retirement accounts and supplies matching contributions as much as a sure share. Most employers match worker 401(okay) contributions betwen 3–5% of every paycheck, however FedEx really provides matching that exceeds worker contributions.

If an worker contributes 6% of every paycheck to their 401(okay), for example, FedEx contributes its most 8% match. The desk under breaks down FedEx’s 401(okay) matching protocols by worker contribution.

Time off

FedEx drivers accrue paid day without work at a fee of 1 hour for each 20 hours labored, which provides as much as round 80 hours per yr for a driver with a full-time schedule. An worker can start utilizing their PTO after working with the corporate for 90 days. Sick days reportedly differ based mostly on location and the way lengthy a driver has been with the corporate.

FedEx additionally provides parental depart for brand spanking new mother and father — 50 weeks paid and 50 weeks unpaid for maternity, and two weeks paid for paternity.

Education

Drivers at FedEx could also be eligible for some quantity of tuition reimbursement for faculty programs, however tuition help varies relying on which subsidiary a driver works for. According to some stories, nonetheless, FedEx doesn’t present reimbursement if the worker is receiving different sources of economic support (e.g., grants and loans from a FAFSA utility), which most college students do.

Shipping reductions

FedEx provides discounted delivery providers to its workers. The actual low cost could differ between location, subsidiaries, and positions, however most FedEx worker stories on profession web sites like Indeed and Glassdoor declare that they obtain reductions of both 50% or 75%.

What are the necessities to develop into a FedEx Driver?

To drive for FedEx Express, an applicant should be 21 years of age, have a clear driving report, and possess a highschool diploma or GED. Additionally, the flexibility to securely carry heavy packages is required, which generally is a barrier to entry for candidates with sure bodily limitations.

To drive for FedEx Freight, an applicant will need to have a industrial driver’s license (CDL), generally with further endorsements relying on the place. FedEx Freight largely hires drivers who have already got trucking expertise, however their driver apprentice program permits candidates with out trucking expertise to work their manner as much as driver with on-the-job training.

Frequently requested questions (FAQ)

Below are solutions to a number of the commonest questions potential candidates have about driving for FedEx.

What are the downsides to driving for FedEx?

The mostly reported complaints about driving for FedEx are lengthy hours, strenuous bodily work, harm threat, rigid schedules, and excessive turnover.

Related: Amazon supply driver wage: How a lot they actually make

FedEx vs. UPS vs. Amazon: Which pays the very best?

Amazon’s DSP drivers (the oldsters within the giant, branded Sprinter vans) often obtain a beginning wage of round $20 per hour, though this varies based mostly on location. UPS pays a little bit higher, with most out there driver positions itemizing beginning wages of a minimum of $23 per hour, though jobs in some areas begin at $21 per hour. Starting wages for FedEx Express drivers differ between round $18 per hour and $25 per hour based mostly on location, so it tends to be considerably according to UPS.

How a lot does a FedEx pilot make?

First officers on FedEx planes sometimes make between $75,000 and $200,000 per yr, whereas pilots sometimes make between $220,00 and $280,000.

Is FedEx unionized?

As of late 2023, FedEx just isn’t unionized.

Does FedEx drug take a look at?

FedEx reportedly requires candidates to cross a urine-based drug display screen to safe employment. After the preliminary drug take a look at through the hiring course of, nonetheless, most workers should not drug examined once more until they’re suspected of inebriation. 

Source: www.thestreet.com”