Drivers and fleet executives rate importance of company benefits that attract and retain qualified truck drivers.
PHOENIX, AZ March 9, 2020 – As many trucking fleets struggle to find qualified drivers, and as driver turnover increases, a recent survey provides new insight into what may help solve these problems.
The survey, conducted by PrePass Safety Alliance, shows how both truck drivers and fleet executives rate the relative value of benefits offered by their companies, using a 5-point scale, with 1 point being “not important” to 4 points being “very important” and 5 points being “extremely important.” Of the 375 PrePass customers and non-customers, the top driver benefit response was “driver pay/compensation” with an average score of 4.18.
The top three driver benefits scored very closely among both executive and driver groups. Following “driver pay/compensation,” “time at home/flexible hours” rated a 4.17 and “weigh station bypass service provided” rated a 4.07.
“While the importance of driver pay and time at home were no surprise, the survey results underline the importance of tools, including weigh station bypass, that help drivers do their jobs most efficiently,” said Andrew Johnson, chief marketing officer for PrePass Safety Alliance.
Driver turnover at large truckload fleets (those with more than $30 million in annual revenue) posted its largest quarterly jump in more than three years during the third quarter of 2019, hitting a 96% annualized rate, according to American Trucking Associations’ (ATA) data. The rate at small carriers rose six points to 73% in the same period.
A separate ATA report says the trucking industry will need to hire 1.1 million new drivers over the next decade – an average of 110,000 per year to replace retiring drivers and keep up with growth in the economy.
“It’s important that fleets offer benefits that will attract and help retain good driving talent,” said Johnson. “Using this company benefit study as a benchmark, in addition to internal driver surveys, can help carriers ensure they are offering benefits and work environments conducive to driver satisfaction.”
For further details about the survey, contact PrePass Safety Alliance.
ABOUT PREPASS AND PREPASS SAFETY ALLIANCE
PrePass® is the leading and most utilized weigh station bypass platform in North America. PrePass helps qualified commercial motor carriers to stay on schedule and safely bypass inspection facilities at highway speeds. This includes over 630,000 commercial vehicles utilizing PrePass based on their safety compliance and up-to-date credentials. PrePass offers bypass choices that include both the PrePass RFID transponder and MOTION™ bypass app. PrePass services also include electronic toll payment management, INFORM™ Safety and Tolling software, and mobile safety ALERTS™. Services are offered through PrePass Safety Alliance, a non-profit public-private partnership focused on commercial transportation safety and efficiency.
Services are offered through PrePass Safety Alliance, a non-profit public-private partnership focused on commercial transportation safety and efficiency. The Alliance was formed in 1993 by trucking industry leaders, enforcement agencies and state DOTs to improve the safety and efficiency of the trucking industry. The organization’s Board of Directors is comprised of an equal number of industry and government representatives to ensure that services are balanced between safety and efficiency. To date, the Alliance has invested more than $700 million nationwide to deploy services to improve safety, reduce truck-related emissions and preserve highway infrastructure.
Learn more at www.prepass.com.
IMAGES:
OVERALL BENEFITS CHART
DRIVERS VS. EXECUTIVES CHART
CARRIERS VS. PRIVATE FLEET CHART
SMALL VS. MID-LARGE CHART
PREPASS NEWSROOM