Driver Turnover Cost Calculator
The Driver Turnover Cost Calculator is an easy to use Business Analysis tool developed by consultants at Trincon Group to help business executives better understand the costs associated with driver turnover and their effect on overall profitability.
- The cost of lost business opportunity
- The cost of idle trucks
- The cost of recruiting and onboarding new drivers
The Driver Turnover Calculator is an Excel® workbook that uses your operating information – current and historical driver turnover data; fleet statistics; and recruiting operations data – to determine the impact of driver turnover on your bottom line.
The workbook consists of three spreadsheets:
- Instructions for using the workbook
- Driver population and turnover spreadsheet
- Cost computation spreadsheet