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Drivers for Hire Program – SAVINGS CALCULATOR
Part 1: Calculate Monthly Vehicle Expenses
Instructions:
1) Click the Vehicle Type to automatically enter default Vehicle Variables and calculate expenses
2) Customize Vehicle Variables as you like and click Calculate Vehicle Expenses button

Vehicle Variables    
  Number of Vehicles  
  Average Cost of Vehicle   $
  Miles Per Day  
  Number of Days Operational  
  Miles Per Gallon  
  Price of Gas per Gallon   $

 
Monthly Vehicle Expenses
Cost per Month - 2.50% of cost $
Fees & Permits - state/federal - 0.15% $
Taxes (state, county, school, etc.) - 1.5% $
Gas, Oil, Grease $
Insurance Fees (liability, collision, cargo, fire, theft, legal, etc.) - 1.85% $
Unindemnified Actions - 0.15% $
Routine maintenance - 1.15% $

TOTAL Monthly Vehicle Expense

$
Part 2: Calculate Employment Costs
Instructions
1) Customize Employee Variables as you like
2) Click Calculate Employment Costs button

Employee Variables
  Number of Drivers    
  Hourly Rate    
  Overtime Rate   $
  Regular Hours    
  OverTime Hours    
  Vacation / Sick Days    

 
Employment Costs
 Wages - Including Overtime $
 Social Security - 7.65% $
 Unemployment Compensation - 0.80% $
 Workman's Compensation - 8% $
Misc / Admin Hiring Drug Screen Training - 0.40% $
Vacation / Sick Leave (5 days per year) $
Medical, Dental, Life Insurance - 6.50% $

TOTAL Monthly Employee Expense

$
 

TOTAL MONTHLY Expense (Vehicle + Employee)

$

TOTAL DAILY Expense (Vehicle + Employee)

$