Benefits of using Hello Retention

Cost Savings

Reducing the turnover rate within a company helps in saving expenses by eliminating the need to recruit and onboard new drivers.

Actual Feedback

Drivers will be more inclined to provide unbiased feedback to their Retention Manager with Hello Retention, whereas they will provide biased feedback to an employee who works directly with the company.

Improve Retention

Employee feedback is essential for nurturing employee involvement, enhancing retention levels, and elevating the overall effectiveness of an organization.

Hello retention creates a secure environment for employees to share their thoughts, worries, and innovative ideas in their own words, right from their workplace within the company.

Retain VS. Replace

The average cost to hire a CDL driver is

$8,000 - $10,000

In order to hire new drivers, a company has to spend money on ads, recruitment services, reports, travel and training.

COST BREAKDOWN:

Average $9,000 cost per hire

200 truck company; 80% turn over rate

The company would have to hire 160 drivers per year, which comes out to a budget of $1,440,000 annually towards talent acquisition.

If that turn over rate could be reduced by half, it would save the company $720,000 per year.

Reducing driver turn over rates has the potential for substantial cost savings and improved profits.

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