In CDL driver recruitment, understanding and managing the cost-per-hire is crucial for optimizing your recruitment strategies and ensuring a steady flow of qualified drivers. The cost-per-hire metric provides insight into the efficiency and effectiveness of your recruitment process, helping you allocate resources wisely and achieve better results. On average, the cost to hire a CDL driver ranges between $5,000 and $10,000, with some estimates going as high as $15,000. This significant investment applies to each new hire, whether they stay with your company or not, highlighting the importance of making every hire count.
What is Cost-Per-Hire?
Cost-per-hire (CPH) is a metric that calculates the total cost involved in hiring a new employee. This includes all expenses related to the recruitment process, such as advertising costs, recruiter salaries, technology and software expenses, and any other associated fees. By understanding your CPH, you can identify areas where you can reduce costs and improve the efficiency of your recruitment efforts.
At DriverReach, we understand that effective follow-up and candidate engagement are critical to reducing cost-per-hire. That’s why we offer Engage, an exclusive service available only to our customers using the DriverReach platform.
Engage acts as an extension of your team, with expert recruiters managing your driver applications from lead to hire. They streamline the process, efficiently work leads, qualify candidates, and ensure timely follow-ups, enhancing your recruiting performance and ROI as a seamless part of your recruiting strategy. Here’s how Engage can transform your recruitment process:
Quickly Qualify: Leverage cutting-edge technology to enhance your hiring process. Engage incorporates the DriverReach Platform each step of the way, making it easier to track applications, schedule interviews, and manage communications.
Nurture Leads: Build meaningful relationships with your driver applicants by maintaining open lines of communication and offering personalized interactions. We help you create a welcoming atmosphere that resonates with candidates.
Driver Insight: Gain insights into your drivers' needs and expectations. Our in-depth approach uncovers their motivations, preferences, and concerns, enabling tailored strategies that attract and retain top talent effectively.
Recruiting Partner: Consider us an extension of your team! We're here to lighten your load by handling the complexities of the hiring process. From the initial application to the final decision, we work hand-in-hand with you to ensure that every aspect of recruitment is covered efficiently and effectively.
Karmen and Michael, two Engage recruiters, highlight the importance of having a supportive team and trust from leadership. Karmen speaks to the diligence and energy their team brings to clients: "If you get a team that just can't handle the volume of work, Michael and I are gonna be sweating our butts off doing all the work [for them.] I've worked with carriers where I'm the only recruiter and with carriers that have multiple recruiters. It depends on what they want their recruiters doing."
Michael echos Karmen's sentiment and adds the element of education that Engage recruiters bring to carrier teams they join: "Sometimes, I'm the front line, where I get the application, hand it off, and move to the next one. Other times, we're working alongside them doing the exact same thing. I've been able to teach recruiters when needed, and it's all about being able to talk to people. If you can talk to people, I can teach recruiting."
But in the end, the decisions and direction come from the top. "Ultimately, You need trust from leadership, If leadership doesn't trust the recruiters to make good decisions and they micromanage every process, it's super inefficient. We've gone into some customers like that. No process is better than a bad process because, with no process, we can build good ones. But without leadership trust, recruiting takes too long, getting drivers through the system takes too long, and everything is delayed."
By incorporating Engage into your recruitment strategy, you can ensure a smoother, more efficient hiring process and ultimately lower your cost-per-hire. Reach out to DriverReach today to learn more about how Engage can benefit your recruitment efforts.
When you get a great driver candidate to your doorstep, it's imperative to try to get them hired before anyone else, make them feel secure and welcome immediately, and ensure they're the right fit for the organization so they stick around longer. By focusing on advertising strategies, utilizing technology effectively, streamlining the recruitment process, prioritizing quality leads, fostering strong relationships with recruiters, and leveraging services like Engage, you can significantly reduce your cost-per-hire and achieve better recruitment outcomes.
Remember, recruitment is an ever-evolving field, and staying informed about best practices and industry trends is crucial. By continuously refining your strategies and leveraging your team's expertise, you can stay ahead in the competitive landscape of CDL driver recruitment.