Desperate for quality drivers, they offer sign-on bonuses, higher salaries, safety bonuses, awards, and what not. And yet, there’s still a national shortage, conservatively estimated, of at least 200,000 workers.
So of course they have to fill the empty spots, but not with “empty promises” let’s hope!
They will go out of their way to make sure they can load the next truck in the morning so what you as a driver need to do is make sure that you get what you sign up for!
Fact Number 7: The Turnover Cost it’s Not a Main Reason for the Truck Driver Signing Bonuses Offers
How Much Does Driver Turnover Cost Anyway?
There was recently a study conducted on the cost of driver turnover. On page 2 of that report, we read:
The average replacement cost per driver is approximately $12, 0002, but according to some estimates that cost could exceed $20, 0003.
Yes, we will all agree that those are some big numbers, but on the other side offering truck driver signing bonuses does not seem to be a solution for the problem with shortage. Neither will make drivers stay in the company!
