Industry-specific data: 46.1% avg turnover | $48,000 avg salary | 45% replacement cost
"In transportation, every driver you retain is worth $21,600 in avoided replacement costs. When you factor in the customer impact of driver turnover — late deliveries, damaged goods, service complaints — the true cost is often 2-3x higher. A PEO investment of $80-$130 per employee per month that reduces turnover by even 15% generates massive ROI. The workers' comp savings in warehousing alone often cover the PEO cost."
— PEO4YOU Benefits Strategy Team
Drivers prioritize health insurance (especially with family coverage since they're away from home), disability insurance, life insurance, retirement with match, and on-demand pay. Health coverage is the #1 factor after pay in driver recruitment surveys.
The ATA estimates total replacement cost for a truck driver at $8,000-$12,000 in direct costs plus $10,000-$15,000 in lost productivity and customer impact. For a 200-driver fleet at 90% turnover, that's $3.2-$4.8 million annually in turnover costs.
Absolutely. Surveys show that 67% of drivers would accept slightly lower pay for significantly better benefits. Companies offering comprehensive benefits fill driver positions 40% faster and retain drivers 30% longer than those offering minimal packages.
A PEO provides large-group coverage rates, handles DOT compliance requirements, manages workers' comp for warehouse and driving operations, ensures FMLA and multi-state compliance for drivers crossing state lines, and provides HR expertise for the complex regulatory environment of transportation.
Industry data sourced from BLS JOLTS, KFF 2024, SHRM Human Capital Benchmarking, and industry association reports.
This calculator is educational. Consult with a licensed benefits advisor for plan-specific projections.