![]() ![]() For example, rehires and referrals will typically cost less. The cost per hire (CPH) won’t be the same for each driver. Talk to your hiring managers about previous years’ recruitment budgets, expected turnover rates, and the best methods for calculating number of hires. Next, you’ll need to estimate your total number of hires for the year. That way, you can know each dollar is going towards smarter leads and the best candidates.Īt AMG Driver Recruitment, we help small, medium, and large carriers hire the people they need in the most efficient ways. Waste less time and money by focusing on a high-quality recruitment process with meaningful connections, targeted ads, and consistent direct leads. ![]() Are your current methods attracting the ideal candidates for your fleet? Or are they focused on quantity over quality? Now is an excellent time to step back and look at your recruiting efforts. Technology for video interviews and tracking systemsĭon’t forget anything new you’re adding to improve driver retention, such as pre-employment testing and employee referral programs.ĭo you have any other miscellaneous hiring costs to consider? If so, ask if they are necessary.Determine Your Recruiting Costsįigure out what you expect to spend on recruiting costs like: The answers can help you know which recruitment efforts deserve more of your yearly budget. Reach out and ask what attracted them to the job and why they’ve said or left. So, it pays to build relationships with drivers. Convincing drivers to stick around is one of the biggest - and most costly - challenges for carriers. To get the most out of your recruiting budget, you need to maximize driver retention.Īccording to the American Trucking Association (ATA), the average turnover rate in 2020 was 90% for large carriers and 69% for smaller fleets. Here’s what you need to consider for smart planning this year. You’ll also avoid overspending in the wrong areas, having to start at ground zero with your hiring and recruiting plans.Īnd if you’re not sure where to start with planning an effective truck driver recruitment budget, no worries - we’ve got you covered. If you plan out your yearly expenses ahead of time, you’ll set yourself up to focus on what matters most. Budgeting isn’t an exciting topic - but it’s so important for your truck driver recruiting efforts. ![]()
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