When you’re searching for ways to find and keep truck drivers, it’s important to know the difference between gimmicks (iPads in every vehicle! A hefty sign-on bonus!) and the things that actually work. While massive, international fleets may be able to conduct expensive experiments, intelligence around retention and recruitment looks markedly different for the rest […]
Month: March 2017
Amid all this talk of robots taking over our jobs, it’s easy to forget that—at least in some ways—the rise of the machines is already making our lives easier.
There are many ways to manage and measure compliance. Manually with paper, electronically with spreadsheets, and using an automated compliance management systems are three of the most common. On the face manual and electronic systems seem the most cost effective. But if you dig in deeper and actually look at the time these systems take […]
Welcome to the age of Probably Not But Maybe. Will Washington, DC put an end to the controversial Consumer Financial Protection Bureau? Probably not… but maybe. If the CFPB goes away, will the Federal Trade Commission take its place in terms of regulating the consumer finance and automotive lending industries? Probably not… but maybe. Will […]
Millennials, millennials, millennials. They expect their employers to be socially and environmentally conscious, their attention spans fall short of an episode of Law & Order, and now they want things they can’t have.
There are a lot of news stories out there about truck driver shortages. These stories point to a variety of causes: Aging drivers Lack of qualified drivers Low interest among younger generations The question becomes how do you attract fresh blood? Is there a new vein of drivers that can be tapped and are there […]
The OSHA Volks Record keeping Rule required employers to retain injury and illness records for five years. The rule was issued December 16th 2016 and went into effect January 18th 2017. Because of its short tenure it was eligible for the Congressional Review Act (CRA) which gives congress 60 legislative days to vote down certain […]
Among the many acronyms, abbreviations, and jargon in the consumer finance industry, there are the obvious ones, and then there the assemblages of characters that look like the results of random pounding on a keyboard. “UDAAP” falls into the second category—but it’s not nearly as complicated as it looks. In theory, at least, UDAAP is […]
Data from the Federal Motor Carrier Safety Administration (FMCSA) shows that there is a strong correlation between high driver attrition (turnover) and low compliance rankings. Driver attrition is a well-known problem for trucking companies in terms of employment costs, but high turnover was not connected with landing trucking companies in the hot seat with FMCSA […]
To understand what’s ahead for the Consumer Financial Protection Bureau, you need to understand where it’s already been. Before you continue, make sure to read our recent articles about disparate impact and fair lending in the Trump Era for background information. All caught up? Good. Let’s pick up where we left off: with the CFPB […]