Posted April 1, 2016 by Administrator
The commercial trucking industry has had difficulty finding enough qualified drivers to fill open positions. Recently, the for-hire trucking industry employment fell significantly in the first quarter of 2016, losing 4,000 jobs in the last two months. The Department of Labor announced that total employment in the trucking industry fell by 1,600 jobs in February and 2,400 jobs in March.
The 4,000 job loss was a blow to the industry that was still recovering from the severe drop in employment in December of 2015. While as a whole the industry has seen a steady increase of for-hire jobs, 2015 was a rocky year for commercial trucking. According to the DOT, total employment for the for-hire trucking industry was 1,4623 million in March.
While the trucking industry may have lost a significant number of jobs, trucking employment is better than many other industries. In March, the unemployment rate rose to 5%, despite an increase of 215,000 jobs across the US.
If your company is going through a significant organizational overhaul, then you should contact the experts at Cline Wood. We can help you streamline all of your business expenses while practicing strategic risk management.
Posted December 14, 2015 by Administrator
Companies and employees understand the benefits of preventive health practices. This is especially true of the trucking industry, where driver turnover due to health industries is high. Some companies are doing more than just paying lip service to employee health initiatives and the result is an increase in driver retention.
Turnover Due to Health Risks
Truck drivers are more likely to be obese, smoke and have an increased percentage of risk factors for hypertension and other chronic diseases. The lifestyle of a long-haul trucker makes them more likely to retire early due to health reasons or die young from diseases related to an unhealthy régime. There is also the risk that a driver will fail their DOT physical and you will have an employee who is unable to recertify.
What Can Companies Do?
What can carriers do to help employees become healthier and live longer? Organizations have put many successful wellness programs into place, including:
- Weight loss programs
- Smoking cessation programs
- Diabetes management programs
- Healthy eating programs
- Fitness programs
- Financial incentives for maintaining a healthy lifestyle
These programs can help reduce health risk factors for your truckers by as much as 40% and increase the number of healthy employees without any risk factors by as much as 17%.
Creating a preventive health program for your company will increase retention and decrease workers compensations costs. Contact us today and our experienced staff can offer guidance on how your company can minimize costs while maximizing your insurance coverage.