driver turnover rate

I see a lot of mention about specific companies and their turnover rates. Where is this info/data coming from? I googled and came across a lot of industry numbers, but didn't find anything for individual companies. Can anyone point me in the right direction?

Firm believer here that a company that takes care of it's employee's will have a a higher retention rate / lower turn over.. wanting to add this data into Husband's search for a company to work for once he's done with school.


Btw, he seems to have settled on a school in the Toledo, Ohio area.. Trainco. I am going to try and get him to post about his learning experience there once he gets into the school.

thanks all!

 

The better the pay, weekly/annual, the less driver turnover.
Those endorsements are critical to good high paying jobs.

The good pay for a new driver is LTL, food service, tanker/hazmat.
Some companies that have dedicated accounts, such as NTB, the weekly/annual pay will be very good.

The food service accounts usually don't have to advertise because of low turnover. Those accounts the new driver must apply and ignore "experience required", because might just get lucky.

A few are Sysco, MBM, Golden State Foods, US Food Service, US Foods, Lily, Blue Line Foodservice, and many more. At the very least, keep a list of these and similar companies for future reference. If not hired right out of school, then you know where to apply in 12 months.

 

i'm not sure that companies would want that specific info actually floating out there. i can't prove it but i feel comfortable saying that for most "starter" companies it's dang high. like in the 50-70% range either quitting or being forced to quit within the first 6 months. now what percentage of those actually quit the business totally or change companies i have no clue.

But those companies have so many knocking on the door trying to get in they really don't care. plus the least amount of exp the drivers have = the least amount of money they have to pay.

 

And then there's that deal with starter/trainer companies we all like to ignore... there are bunches of new drivers who figure out after they're in the seat that they can't stand driving a truck. Or can't stand the stress. Or can't manage to drive the truck without damaging it, the surroundings, the car they just squashed.

...it's not just training companies, sometimes it's the trainees. And some of the training companies treat their drivers very well, and yet have high turnover rates.

 

youre right about companies taking care of their drivers equals higher retention rate. Let me know when you find one of these companies? Yes there are good companies but they're usually not hiring. I make a great wage where I'm at now but you need minimum 3 years experience to get on here and the wage doesn't account for ultimate happiness. All the other chicken s... I have to put up with would make most drivers run. I won't even start with what I deal with but any intelligent driver is looking for the following: great pay, great benefits, great home time and great equipment. In 17 years of driving I've never worked anywhere that had it all. It's always one or the other and BTW, it's getting WORSE so I wish your husband luck. Listen to Chinatowns advice.

 

50-70% ????

maybe if you double that, you'll be closer.

and for the crappier starter companies, perhaps triple that !!

 

Crete Carrier

Industry Low Driver Turnover Rate - 42%
http://m.cretecarrierjobs.com/job/choose-crete-carrier-your-truck-driving-jobs-georgia

"Our driver turnover is less than one-third of the overall industry average."
http://www.cretecarrier.com/news/crete.htm?articleno=1183

 

I was always told you can pick two. The 'perfect' company doesn't exist.

 

According to who ?

Crete ??

 

You can't put too much stock in turnover rates for starter companies. Most companies will tell you their turnover rate if you ask. It's a given that most new students will either wash out or move on to what they think are greener pastures. What you want to look at is driver retention over 5 years.

 

Orientation classes at 5 different cities beginning once (sometimes twice) each week, 50 weeks/year. Average class size perhaps 25 ... 15 of which will complete the pre-hire and orientation phase.

And bottom line is the fleet size in terms of manned units remains basically the same month to month. Do the math and you can understand turnover is truly high.

Well experienced drivers are becoming fed up with the bs and/or accumulate a bad PSP score and quit the trade or move onto smaller outfits who treat drivers better, this too causes perpetual need to hire in addition to most new drivers finding out trucking isn't for them after about 6 months.