Turnover Cost: Heavy and Tractor-Trailer Truck Drivers, New Mexico

Verified cost of employee turnover for the selected Heavy and Tractor-Trailer Truck Drivers population in New Mexico, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).

Estimated cost of turnover

Heavy and Tractor-Trailer Truck Drivers · New Mexico, United States

$26,600 – $106,200estimated range, 2025-may

Source: U.S. Bureau of Labor Statistics

Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $53,100 for Heavy and Tractor-Trailer Truck Drivers in New Mexico, United States (2025-may), multiplied by the 0.5×–2× cost of replacing an employee reported by SHRM and Gallup. The Bureau of Labor Statistics publishes the wage, not the cost — the range is a planning estimate, and a real figure depends on time-to-fill, ramp-up, and lost productivity.

How Heavy and Tractor-Trailer Truck Drivers compares in New Mexico, United States

Annual mean wage — the input to the estimate above, compared directly rather than as a derived range. See all 33 industries.

  • Computer and Information Systems Managers
  • Computer User Support Specialists
  • Heavy and Tractor-Trailer Truck Drivers
  • Automotive Service Technicians and Mechanics
  • Home Health and Personal Care Aides

What this means

The lowest wage in this sample appears in New Mexico, where heavy and tractor-trailer truck drivers earned an annual mean wage of $53,100 in May 2025 (U.S. Bureau of Labor Statistics). Replacing a driver costs $26,600 to $106,200 using SHRM's 50-to-200 percent replacement multiple. How close you land to either end depends on your hiring speed and onboarding duration.

Estimated cost of turnover: Heavy and Tractor-Trailer Truck Drivers vs regional average

Estimated cost of turnover in New Mexico, United States, 2025-may. Source: U.S. Bureau of Labor Statistics.
MeasureHeavy and Tractor-Trailer Truck DriversRegional average
Estimated cost of turnover$53,100$77,612

Related benchmarks

BenchmarkAccountants and Auditors, New Mexico, United StatesEstimated cost of turnover: $84,320 (2025-may).BenchmarkAssemblers and Fabricators, New Mexico, United StatesEstimated cost of turnover: $43,450 (2025-may).BenchmarkAutomotive Service Technicians and Mechanics, New Mexico, United StatesEstimated cost of turnover: $51,790 (2025-may).BenchmarkComputer Network Architects, New Mexico, United StatesEstimated cost of turnover: $108,650 (2025-may).