More fleets trying guaranteed driver pay

More fleets trying guaranteed driver pay - Overdrive

Based on limited data, it appears small fleets are slightly more likely than the largest fleets to guarantee some kind of minimum driver compensation.

Is guaranteed pay for drivers the right move for your fleet?

That's more than double the number of fleets providing guaranteed pay the same time five years ago – 2018's third quarter. In that five-year ...

Wheels turn, drivers earn as fleets test pay structures | Trucking Dive

Fleets are pulling out tools from their pay toolbox to mend the ongoing struggle of attracting and retaining truck drivers. Some are paying more ...

Rethinking Driver Pay - Fleet Management - Trucking Info

At COTC, Williams says, if time's lost for breakdowns, the company still pays for the week at the salary tier the driver would have received ...

Why truckers move to guaranteed pay structures - Overdrive

For fleet owners with more than 30 trucks, a perceived advantage in recruiting might be the biggest driver of adoption of minimum guarantee or ...

Keeping driver wages competitive while managing fleet costs

Although market pressures and fluctuating freight rates are making it more difficult for fleets to keep their expenses low, one industry expert ...

Fleets Offer Salaries, Other Pay Models to Retain Drivers Amid ...

Murrell told Transport Topics that the driver shortage has encouraged fleets to get more creative with pay. Smokey Point's Wirkkala has ...

Fleets are Chasing Drivers with Better Pay and Quality of Life

In the past few months, many fleets have increased wages in an attempt to find and keep new drivers. Facing high turnover and fewer entrants ...

Could guarantee pay be the key to truck driver retention?

Though sign-on bonuses are an ubiquitous aspect of fleets' efforts to recruit and retain drivers, these bonuses likely do more harm than ...

Six driver pay strategies to excel in a slower freight market

Driver hiring demand has slowed, but turnover remains elevated. Fleets are still struggling to backfill exits at a rate needed to maintain and grow headcount. ➡ ...

The Best-Paying Trucking Companies in 2024 - Learning Center

If you're like most drivers, one of your biggest concerns is pay. Maybe you have a family to support at home. Maybe you're trying to reach specific financial ...

What Companies Are Currently Offering Guaranteed Minimum Pay ...

If you want to run 7 days a week it like $1100. They run regional so it's hard to get much more than the minimum pay. Maybe I just don't have ...

Fleet panel: Better pay, more respect and recognition key to ...

Klemp noted an increase in fleets offering guaranteed pay to help drivers deal with variable income. “One of the problems drivers have is ...

What Does the Next Generation of Drivers Really Want From a Fleet?

Competitive pay and benefits will always be a key to attracting and keeping drivers, but it's also where most companies will look first. Truck ...

Drivers Guaranteed Pay For All On-Duty Hours - Transportation Bill

The overwhelming majority of your paycheck would be made turning miles. Now you might get a few bucks an hour riding the "on duty, not driving" line, ...

Top Fleets Continued Increasing Driver Pay In First Quarter - Benzinga

... guaranteed pay as a way to attract and keep drivers. A guarantee is most ... fleets with more than $30 million in revenue. ... Try Benzinga's Mobile App ...

Now is not the time to pull back on driver recruiting, retention

Anyone responsible for managing costs is, well, going to go after costs—and labor is a big component of that. Fleets may see it as simpler or ...

Your Fleet's Reputation Matters - Randall Reilly

It's not at all surprising to find out the number one reason drivers think fleets are having trouble getting new drivers is that they don't pay ...

Build your trucking community using the top fleet recruitment ... - WEX

Some carriers have raised their wages to recruit and retain qualified drivers. Now, in 2024, more and more owners are recognizing just how ...

Which Are the Highest-Paying Trucking Fleets in the US?

Some trucking fleets are known for paying their drivers a pretty penny. These companies often pay per mile, which means the more you drive, ...