Fleet Driver Training Costs Comparison

Price Comparison showing Fleet driver training costs
(burden wage rates)

Estimating the average expenditure on driver training for a fleet of 30-300 vehicles in the U.S. involves considering various components such as burden wage rates, third-party Learning Management Systems (LMS), training access fees, and other related expenses. Here's a breakdown of the cost elements:

The information provided in this post was generated with the assistance of AI technology. While every effort has been made to ensure its accuracy and relevance, please review the content for any specific needs or context.
	30 vehicle fleet size	300+ vehicle fleet size
Driver Wage	$15 per hour per driver	$25 per hour per driver
Training Time	20 hours annually	40 hours annually
Burden Wage Rates Total	$9,000	$300,000

Third-Party LMS and Training Access $5-$15 per user per month	$5 per user per month for one year	$15 per user per month for one year
LMS/Training Total	$1,800	$54,000
Additional Training Materials and Resources	$50 per driver annually	$200 per driver annually
Additional Training and Materials Total	$1,500	$60,000

Administrative Costs: managing and administering training programs	$1,000 per year	$10,000 per year
Misc. Expenses: these can include certification fees, travel for in-person training etc	$500 per year	$5,000 per year
Admin and Misc Total	$1,500	$15,000
Yearly Cost for traditional Driver Training Programs	$13,800	$429,000
Yearly Cost With Predictive Coach	$3,240	$32,400

Estimated average of lower and upper end costs with traditional driver training programs	$221,400	The average fleet of 30-300 vehicles in the U.S. might spend approximately $221,400 annually on driver training, considering all related expenses. This figure can vary significantly based on specific factors like the type of training, the efficiency of the LMS, and the geographic location of the fleet.
Average of lower and upper end costs with Predictive Coach	$17,820	The average yearly cost of implementing Predictive Coach is significantly lower. Safer and better driving habits reduce gas usage, wear and tear on vehicles, and costly accidents resulting in even higher ROI.