Driver turnover rate 2015

Annualized Turnover Rate Formula (Monthly Method) ((# of Drivers Departed) * 12) / (Driver Count Beg. of Month + Driver Count End of Month)/2)) Interpretation: Based on the above formula, the way to interpret is if the current level of turnover reported in the period continued at .  · The turnover rate at small truckload carriers, fleets with less than $30 million in annual revenue, surged 21 points to 89 percent in the final quarter of Despite this surge, churn at smaller fleets is still six points lower than during the fourth quarter of .  · Relatively lower wages have contributed to creating a labor market characterized by costly high turnover rates and an erosion of carriers’ access to a reliable pool of drivers. 3 The American Trucking Association (ATA) reports that the turnover rate at large carriers reached percent in the fourth quarter of (ATA quarterly Trucking Activity Report, ). At this rate, a trucking company .

Annualized Turnover Rate Formula (Monthly Method) ((# of Drivers Departed) * 12) / (Driver Count Beg. of Month + Driver Count End of Month)/2)) Interpretation: Based on the above formula, the way to interpret is if the current level of turnover reported in the period continued at the same rate for the entire year. *Mercer’s Turnover Survey Key Observations: • Across most markets shown in the graph the involuntary turnover rate is within a small spread. • Brazil is the outlier with considerably higher involuntary turnover rate than the other countries. Annualized turnover rates at large and small truckload fleets fell by 12 percentage points in the first quarter of , according to American Trucking Associations’ chief economist Bob Costello.

Second, we compare the earnings of truck drivers and their unemployment rates drivers) Arlington, Virginia – The turnover rate at truckload carriers surged in the second quarter of the year, a sign that the market for drivers. The number of truck drivers changing job decreased in the first three months of , but two questions remain: "Why?