New federal retirement law brings changes for fleets, but offers a strong driver recruiting and retention hook, too
Amidst the shuffle of the holidays, Congress passed and President Biden signed a bill that implements several federal reforms to retirement benefits offered by employers to their employees. The new law, the SECURE Act 2.0, took effect January 1 and phases in new requirements in the coming years. The law’s enactment means not only required […]
NTI’s reflections, resources, and driver wages insights as 2022 closes and 2023 begins.
Despite slowing growth after a strong run-up in back half of 2020 and into the first half of 2022, professional driver wages in the fourth quarter of 2022 continued to climb from the prior quarter and year over year, according to data compiled by The National Transportation Institute. Gains in base wages — mileage and […]
Attracting talent and providing career path development in trucking extends well beyond the driver’s seat
What does career path development look like at your fleet? This is a point we hit on frequently at NTI in our work with fleets of all sizes. The pervasive lack of career path — or at least a stated and understood path — for professional drivers absolutely is a contributor to the churn of […]
The “earn your stripes” mentality is quickly becoming an ideal of the past. While per-mile and hourly pay for drivers of all experience levels has shown strong and steady growth over the past two years, the momentum of wage growth among drivers at the lower end of the experience scale has been the most pronounced.
Does your fleet find itself being ghosted by new driver hires between their commitment date and onboarding date? Here are a few strategies to help keep your professional driver commitments firm.
Ian has been a reminder that there’s always something we can do to help each other and our communities, whether that’s giving resources or time in the wake of a disaster or in other ways throughout the year. And it’s a reminder of the critical role trucking plays not only in our daily lives, but helping us rebuild towns and communities in the wake of disasters.
What’s ahead for the labor market? Glassdoor chief economist talks how companies can shift as employees’ attitudes evolve
On why ‘blue collar’ and ‘white collar’ are obsolete terms and managers’ new vital skill — Glassdoor chief economist chats with NTI about what’s ahead for the labor market.
Second to drivers’ experiences at shipper and receiver facilities, auditing your drivers’ experience within your preferred truck stop networks should be a key pillar in promoting advocacy and appreciation for your professional drivers — and helping boost retention efforts industrywide.
Auditing your drivers’ experience at shippers’ facilities can strengthen relationships with both customers and drivers
From dwell times and restroom access to clear instructions for entering and exiting, ease of backing to the docks, and the way staff treats your drivers — performing regular audits of drivers’ experience with your shipper customers and their consignees can help strengthen your relationship with your customers and your drivers.