Why Do Armored Truck Drivers Get Paid So Little? You Will Be Surprised!

Why do armored truck drivers get paid so little?

This is a question that many people wonder about, especially if you are thinking about becoming one. Naturally, you want to make sure that you make a good amount of money on the job.

So, if you are curious about this question, and you want to make sure that the time you spend on the job is worth it, keep reading this article to learn more!

why do armored truck drivers get paid so little

Why Do Armored Truck Drivers Get Paid So Little?

Armored truck drivers play a crucial role in the secure transportation of valuable goods and currency. They are responsible for ensuring that these valuable assets reach their intended destinations safely and securely. Despite the importance of their job and the risks involved, it is no secret that armored truck drivers often receive relatively low wages compared to the nature of their work. 

This raises the question: why do armored truck drivers get paid so little?

Several factors contribute to the relatively low wages of armored truck drivers. One of the primary reasons is the competitive nature of the industry. The armored truck industry is quite a specialized job, and there is a limitation on the available job opportunities.

As a result, employers may exploit this scarcity by offering lower wages, knowing that there are individuals willing to accept the job due to the limited alternatives.

Furthermore, the job of an armored truck driver often requires a specific set of skills and qualifications. They need to possess a commercial driver’s license (CDL), undergo extensive training in security protocols, and exhibit a high level of professionalism and responsibility. 

However, these job requirements are not always justified by the compensation that the company provides. Employers may argue that the specialized training and qualifications are part of the job expectation rather than factors that warrant higher pay.

Another contributing factor to the low wages of armored truck drivers is the relatively high level of automation within the industry. Technological advancements have led to the development of sophisticated security systems and automated processes that reduce the need for human intervention. This automation may have led to cost-cutting measures for companies, including reducing the compensation for armored truck drivers.

Additionally, the risks associated with the job can also impact the salary levels. Armored truck drivers face the constant threat of robbery, putting their safety and lives at risk. The potential dangers and stress associated with the job make it less attractive to many individuals, resulting in a smaller pool of candidates. The limited availability of skilled drivers gives employers less incentive to offer higher wages.

Furthermore, the contracts between armored truck companies and their clients can also affect driver salaries. Companies often bid for contracts based on competitive pricing, and this can result in lower profit margins for the employers. In order to maintain profitability, employers may reduce costs, including employee wages.

Lastly, the overall perception of the job can also impact the salary levels. Armored truck driving is often viewed as a less prestigious occupation compared to other professions. This perception may influence the willingness of employers to offer higher wages, as there may be a belief that individuals interested in such positions may be more motivated by job security rather than financial rewards.

In conclusion, armored truck drivers play a vital role in the secure transportation of valuable assets. Despite the risks and responsibilities associated with the job, they often receive relatively low wages. The competitive nature of the industry, automation, specialized skills, perceived job prestige, and contract dynamics all contribute to the lower compensation. 

Addressing this issue requires a comprehensive approach that involves fair industry practices, increased awareness of the importance of the job, and potentially government intervention to ensure adequate compensation for the critical work performed by armored truck drivers.

Important Facts About Armored Truck Driving

When it comes to the responsibilities of armored truck drivers, there are specific skills that are essential for success in this role. By carefully reviewing numerous resumes, we have identified the most common skills possessed by individuals in this position. A significant number of resumes highlighted hearing ability, physical health, and hand-eye coordination as crucial attributes for armored truck drivers.

If you aspire to become an armored truck driver, it is important to understand the educational requirements for this profession. Our analysis revealed that 23.1% of armored truck drivers hold a bachelor’s degree. While a small percentage (0.7%) have obtained master’s degrees, it is worth noting that a college degree is not a mandatory prerequisite for entering this field. Many individuals have successfully pursued a career as an armored truck driver with just a high school diploma or GED.

Within the realm of armored truck driving, there are various roles and specializations to consider. These include the role of the driver, the work hours, and job responsibilities.

While anyone can drive a car, not everyone has the opportunity to get paid for it. As a driver, your responsibilities can range from transporting customers from one location to another to delivering packages to clients. Depending on your specific role, it may be necessary to develop upper body strength to handle heavy objects during package deliveries.

If you are primarily driving people, effective communication skills will be valuable, and you may even find yourself playing tour guide to curious tourists, sharing your favorite local spots and activities. 

The hours of work can vary significantly, depending on the employer and whether you have flexibility in setting your own schedule. Some companies may require you to work 60 hours within a 7-day period, while others may have a standard 40-hour workweek. Regardless, being a driver offers a constantly changing and interesting job experience.

Read More: What Zoning Is Required For Truck Parking? All You Need To Know!

Summary

In conclusion, armored truck drivers possess a unique skill set that enables them to carry out their responsibilities effectively. Education requirements vary, but a college degree is not always necessary. With the right skills and qualifications, aspiring individuals can embark on a rewarding career as an armored truck driver, experiencing the excitement and challenges that come with the profession.

However, it is rather unfortunate that armored truck drivers get paid so little. So, it is good to go through your options and choose a company that offers a reasonable compensation package commensurate to the workload expected from you.

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