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Driver Bonus Scheme Cost
Cost a performance-based driver bonus scheme (fuel + safety + on-time) and the savings it should drive.
Formula: annual_bonus_cost = driver_count * avg_monthly_bonus_per_driver * 12; annual_fuel_saving = annual_fuel_cost_now * expected_fuel_saving_pct / 100; net_annual_benefit = annual_fuel_cost_now * expected_fuel_saving_pct / 100 - driver_count * avg_monthly_bonus_per_driver * 12
Cost a performance-based driver bonus scheme (fuel + safety + on-time) and the savings it should drive.
Inputs
Results
Annual Bonus Cost
AED 90,000.00
Annual Fuel Saving
AED 60,000.00
Net Annual Benefit
AED -30,000.00
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Formula
annual_bonus_cost = driver_count * avg_monthly_bonus_per_driver * 12; annual_fuel_saving = annual_fuel_cost_now * expected_fuel_saving_pct / 100; net_annual_benefit = annual_fuel_cost_now * expected_fuel_saving_pct / 100 - driver_count * avg_monthly_bonus_per_driver * 12Use for estimation. Verify safety-critical calculations with qualified review.