In the midst of one of the longest sustained periods of economic growth in this country our consumption continues to raise along with public sentiment that times are good. Sure, there has been a shift from brick and mortar spending to newer e-commerce options, but the fact remains that American spending is up and so is our demand for new things to fill our homes. And it is no mystery to most of the country that the backbone of our freight transportation is being hauled on top of 18-wheels. Over 70% of all domestic freight tonnage was moved by the 3.5M tuck drivers and the 8.7M total work force that makes up our transportation industry.
That may seem like an astounding number of employees, but as many hiring professionals are painfully aware, there is a vast shortage of drivers needed to keep up with our growing demand. What makes this issue potentially more troublesome is a population of drivers that is nearing retirement age. The average age of an American truck driver is 55 years old, which is 10 years older than comparable industries. And as demand grows with a shrinking population of driver candidates it’s estimated by the American Trucking Associations to have a shortage of 174,000 drivers, nearly twice the current need in less than 8 years.
Many trucking companies are dedicating resources to find unique solutions to the hiring problem including flexible home-time considerations, leadership programs and increased compensation. But, one problem that has seemed potentially unavoidable, yet a consistent challenge was slow times to hire.
If there are candidates actively looking for employment with your company, making a quick decision and progression through your hiring process can make all the difference. According to a national study of hiring professionals, reducing time to hire was the highest priority for 44% of participants. Integrating with your existing or a new applicant tracking system, along with some of NuCheck’s specifically automated processes has been able to greatly reduce background checking lead times helping you make those hiring decisions before the competition.
Let me show you how we have accomplished this for our clients.