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Does your company have a driver retention budget?
Quote of the Day
"Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall."
-- Stephen R. Covey
Question of the Day
Does your company have a driver retention budget?
* Yes, and it's been very effective in reducing turnover.
* Yes, but it's a relatively small budget and ineffective.
* No, but I wish we did since it could help improve our turnover numbers.
* No, and we don't need one because you can't stop drivers from looking for greener pastures.
In our last issue, we asked the following question:
Would paying drivers an annual salary or by-the-hour instead of by-the-mile help reduce driver turnover?
* Yes. It would give drivers more financial stability and control over their income, thus reducing their perceived need to constantly job hop: 33 percent
* No. It would cause more problems than it solves by eliminating the incentive pay structure that has worked well for carriers and drivers alike: 66 percent
Note: Inside Truckingpolls are surveys of those who choose to participate and are therefore not valid statistical samples.
Is there a question regarding driver recruitment and retention you would like to ask the trucking industry? Send suggestions to: phorner@otrprotrucker.com
