TPP Seminars
Meeting Information
Spring Profitability Seminar
Retention, Development and Recruiting
June 27, 2018
7:30 a.m. – 4:00 p.m.
(Breakfast and Lunch Provided)
Sponsored in Part By
Best Practice Group Members – $499.00 per person
TCA Members – $599.00 per person
TCA Nonmembers – $699.00 per person
Dress Code
Dress code for this meeting is business casual.
Dress code for this meeting is business casual.
Renaissance Chicago O’Hare Suites Hotel
8500 Bryn Mawr Avenue
Chicago, IL 60631
8500 Bryn Mawr Avenue
Chicago, IL 60631
O’Hare International Airport (ORD) – 4 miles to hotel
Drive Time: 10 minutes from airport
Drive Time: 10 minutes from airport
Agenda
Wednesday, June 27, 2018
Renaissance Chicago O’Hare Suites Hotel – Chicago, IL
Meeting Facilitators:
- Ray Haight, Retention Consultant, TCA Profitability Program
- Tim Hindes, CEO, Stay Metrics
- John Lyboldt, President, Truckload Carriers Association
- Jack Porter, Managing Director, TCA Profitability Program
Meeting Room Opens at 7:30am with Breakfast
- Call to Order at 8AM (Jack Porter)
- Opening Comments (Dan,Jack & John)
- Anti-Trust Review
- Roundtable Introductions:
- Name, Role
- Business Attributes: Location, Terminal Locations, # of Trucks, Operating Mode
- “Hot Topics” (Jack Porter) – Opportunity to go around the room and have attendees discuss what they are seeing in their respective ‘recruiting’ market, including the added pressure due to the hot freight market.
- Biggest Challenges in Recruiting (except finding Qualified Drivers!)
- Have you expanded your geographic recruiting range?
- Relaxed your hiring criteria?
- Added new Pay / Work Packages to be more flexible to potential recruits?
- How Many Current Recruits are coming from Referrals
- How Many are Entry Level sometime last year
- TPP Retention/Recruiting Survey Results Review #1 (Porter & Haight):
- Turnover results – six month period
- Current driver demographics – Age/Gender/Full and Part-time/Teams
- Minimum hiring criteria? Internal vs External (Insurance or Gov’t req’s)
- Lead sources
- Compensation trends
- Referral programs – are they working?
- Driver Recruiting and Management Platforms
- Break at 10:00AM
- Retention First – Using Maslow’s Hierarchy of Needs to Fix Your Retention Problem (Ray Haight)
- Maslow’s Hierarchy from a “Trucking Perspective”
- Focusing on human needs instead of the low-hanging fruit (e.g. compensation)
- Creating a congruent company culture inside and outside your office walls
- Poor Retention draining Corporate Profitability
- Action items – things you can do immediately to improve retention
- TPP Retention/Recruiting Survey Results Review #2 – Your True Cost of Recruiting (Jack Porter & Ray Haight)
- We will review the results of the “Driver Recruiting and Onboarding Cost Survey”
- Did the results come close to previous internal estimates?
- How do you track and execute on this information inside your organization?
- Lunch at Noon
- Using Data to Make Better Decisions about your Retention and Recruiting Efforts (Tim Hindes)
- Introduction: Stay Metrics and a Research Focused/Evidence Based Approach to Driver Engagement & Retention
- Obtaining Regular Driver Feedback: Source of Data that is Critical for Improvement
- Putting Driver Feedback Information to Use: What are Best Practices for Using the Data
- Stay Metrics Latest Research: Root Causes of Turnover – Industry v. Carrier-Specific
- Focus on Early-Stage Driver Turnover Data: The Challenge of Keeping New Hires
- Understanding Socialization Process and as a Key Component of Improving Retention
- Develop a Strategy and Interventions for Each of the 5 Phases of Socialization (Plus Communication, Communication, Communication)
- Overall Strategies to Increase Driver Engagement: Our Driver Engagement Platform – Appreciation, Recognition and Rewards (and Training, too)
- Quick Case Studies – Putting it All together
- Summary, Takeaways & Questions
- Traits of High-Performing Trucking Companies – What the Top Performers in TCA’s Best Practice Groups are doing to Improve Retention (Porter & Hindes)
- Responsibility of Retention?
- Trends – Turnover rates (30, 90, 120 Days)
- Continued development – Training & Mentorship
- Making their voices heard – How do you garner Driver Feedback
- Younger Driver Recruiting
- Equipment Specs for better retention
- Break @ 2:45 PM
- Orientation / Remedial Training – Deep Dive (Porter & Haight)
- Live Training vs. Online
- Culture & Customer Requirements.
- Physical Capacity, Wellness, and other Benefits
- Insure that the Expectations are Set & Reviewed
- How do you Track to the Expectations of the Driver?
- Instructions / Documentation – The Training Content
- After Orientation Communication methods
- Driver Utilization (Jack Porter): We will ask all the attendees to come prepared to discuss the following;
- Driver scorecards – how do you measure, what do you measure & do they work?
- Driver development and training, risk assessment tools, driver performance Evaluation Processes used?
- Do you require drivers to get days-off approved ahead of time, or do they let them take days off whenever they want?
- How do you determine full/part time employment status for their drivers? What criteria they use to transition low performing drivers to part time and removing benefits
- Cameras how is it working for you. If not do you plan on putting them in.
- How TCA Can Enhance Your Ability to Retain a Better Workforce (John Lyboldt)
- The new Truckload Academy
- Advocacy efforts to help widen the net for recruiting
- Open Question & Answer Session
- ADJOURN @ 4PM