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Taxis, buses, and subway transit fall under the overarching umbrella of the passenger vehicle drivers industry. With the ultimate goal of transporting people from place to place, drivers are expected to know the layout of the area they are working in as well as possess any special certifications or licenses for the vehicle they’re operating.
Employment rates in this industry are expected to rise a whopping 11% in the next eight years. Increased competition will force businesses to get creative in order to bring the best candidates to their door. Generally speaking, transit employee benefits packages include access to health, vision, and dental insurance, paid time off, life insurance plans, disability coverage, and retirement savings.
There are about 35,000 taxi, buses, and subway tour organizations nationwide, employing 636,000 professionals. On average, each business is small, with 18 staff members. This is a male-dominated industry, with only 24% of employees identifying as female, and the median employee age is 44 years old.
50% of transportation employers offer short-term disability coverage, and 29% offer long-term disability insurance. The national average is 42% and 34%, respectively.
73% offer access to a life insurance plan. Comparatively, the national average is 56%.
Overall, the taxis, buses, and subway transit industry provides their employees with comprehensive employee benefits packages, as per the national industry standard.
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