Tenstreet Q2 Market Index: Recruitment & Retention Rundown
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We’re always prepared for unexpected changes when it comes to the trucking industry – so many outside factors can affect how a carrier operates and what its finances look like. But Q2 of 2022 has been particularly unpredictable, presenting new challenges for companies trying to keep operations steady. Our roundup of industry data this quarter […]
Stay Metrics’ Driver Turnover & Retention Update: Q1 2022
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The holiday season has come and gone, and much of North America is in the thick of winter weather. With the start of 2022, the trucking industry continues to struggle with driver availability issues due to drivers leaving the industry during the pandemic, increased demand, and the Clearinghouse. Displayed below are the quarterly Stay Days […]
Stay Metrics’ Driver Turnover & Retention Update: Q3 2021
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How is your company faring when it comes to driver retention? Stay Metrics, now owned by Tenstreet, believes in sharing its retention knowledge to strengthen the industry and provides the Stay Days Table, which tracks carrier retention rates for newly hired drivers, and Turnover Report, each quarter. 2021 continues to offer challenges across industries and […]
Introducing FleetCheck: An Indicator of the Health of Your Fleet
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In an industry currently struggling with finding and hiring drivers, it grows more and more painful seeing your drivers inexplicably leave — especially when you have a gnawing feeling it probably could have been prevented with a simple conversation. Not knowing what you don’t know is frustrating, but when viewed through the right lens it’s […]
Stay Metrics’ Driver Turnover & Retention Update: Q2 2021
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Have you found yourself wondering if the trends you’re seeing in your driver retention data are similar to what other carriers have been experiencing? Stay Metrics, now owned by Tenstreet, believes in sharing its retention knowledge to strengthen the industry. Below is our Stay Days Table and Turnover Report, updated for Q2, 2021. 2020 and […]
Stay Metrics Data Shows Driver Retention Issues Differ For Women And Men
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When recruiting new drivers or focusing on your current fleet, there is a need to understand at a macro level what results in driver satisfaction and commitment. Should you focus efforts on pay, routes, dispatcher relationships, or elsewhere? Are there certain demographics that you are especially interested in learning about? Understanding what drivers are satisfied […]
Intervention Platform Bolstered By Turnover Risk Identification Functionality
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Stay Metrics (acquired by Tenstreet) recently updated its existing Interventions platform, providing carriers with more opportunities to head off driver turnover. Through its onboarding surveys, Stay Metrics has been providing clients with insights into which new drivers may be at risk of leaving. In the past, this has been done by identifying drivers based on […]
The Case For Driver Rewards Programs
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Tenstreet has long been in the business of promoting rewards programs to carriers to increase retention and keep drivers happier. One of the most common questions we get is, “Why rewards?” Doesn’t it make more sense to just give drivers more cash? If your wages are already competitive, the answer is no. In an article […]
How to Fund a Rewards Program Without Increasing Your Budget
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One of the most challenging aspects of setting up a rewards program at any carrier is funding it. Where does the money to invest in one of these programs come from? Let’s say you’ve read our case for a rewards program, and you’re convinced. How do you find the money to make it happen? The […]
3 Tips For Addressing Work-Life Balance For Drivers
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One of the key components of many of Stay Metrics’ (acquired by Tenstreet) retention product offerings is the ability to see how you are doing compared to aggregated client data from our database, on a variety of survey questions asked of drivers. These “Community Ranks” are broken down into quintiles that divide carriers into five […]