Fleet Management News & Business Info | Commercial Carrier Journal
Issue link: http://read.uberflip.com/i/959367
70 commercial carrier journal | april 2018 SPECIAL REPORT | THE DRIVER DEFICIT any sign-on pay beyond what's needed to cushion the transition to a new job only encourages turnover. And sign-on bonuses may not be all that effective — at least for attract- ing the best candidates. Most veteran drivers "don't trust them," says Michael Fisk, director of hiring, marketing and driver development for Roadmaster Group, based in Glendale, Ariz. That's perhaps why only 2 percent of respon- dents to a recent Truckers News survey said they would change jobs for a large sign-on bonus. Fleets in the Southeast that typically lag other regions in terms of pay have announced the largest cost-per-mile raises, Klemp says. "The aggressiveness of pay changes down there might in- dicate they are hurrying to catch up to their counterparts in the Midwest and Northeast where they bump up against them." The Northeast is historically the highest-paying region, and pay changes there have been fewer, he says. Increasingly, fleets are tailoring pay packages to not only attract new talent WEST Dry van +$0.022 Refrigerated +$0.024 Flatbed +$0.031 MIDWEST Dry van +$0.026 Refrigerated +$0.033 Flatbed +$0.036 NORTHEAST Dry van +$0.027 Refrigerated +$0.031 Flatbed +$0.030 SOUTHEAST Dry van +$0.032 Refrigerated +$0.041 Flatbed +$0.034 Where the job seekers are, pay climbs highest The eight states in the South Atlantic region (Delaware, Maryland, West Virginia, Virginia, North Carolina, South Carolina, Georgia and Florida) accounted for 30.3 percent of all Class A driver applications in 2017 as tracked by Randall-Reilly. As of the first quarter of this year, driver pay increases for dry van fleets in the Southeast ($0.032) led all regions, outpacing the national average by 18.5 percent and a full penny per mile better than the West region. Driver pay changes are grouped into four regions based on analysis from the National Transportation In- stitute and are separated by dotted lines. Driver appli- cation volume is tracked by the nine regions defined by the U.S. Census Bureau, and states in each region are grouped by color. – Jeff Crissey Percentage of all driver applications by region 1. South Atlantic (30.3%) 2. West South Central (16.4%) 3. East North Central (10.5%) 4. Pacific (9.7%) 5. East South Central (9.6%) 6. Middle Atlantic (7.9%) 7. Mountain (7.0%) 8. West North Central (5.5%) 9. New England (3.1%)