A subsidiary of PACCAR Inc. (Washington, USA), for over 40 years, PACCAR Australia has been an important contributor to Australia's transport and logistics industry by custom designing, manufacturing and importing premium medium and heavy duty trucks under the Kenworth and DAF nameplates for Australia's unique geographic conditions. As market leader with nearly 25% of heavy duty truck sales, PACCAR Australia has annual revenue of over $850m and directly employs over 900 staff across its five divisions, Kenworth Trucks, PACCAR Parts, Kenworth DAF of Melbourne, DAF Trucks Australia and PACCAR Financial Pty Ltd, exporting to Papua New Guinea and New Zealand.
PACCAR hires 10 university graduates each year, rotating through a number of roles in their first four years to develop a wide range of business skills. Graduates receive mentoring from a member of the senior management team who provides them with personal and professional guidance. At the end of the four year period, graduates are appointed to an ongoing position, where they are ably assisted by the foundation skills developed during their graduate rotation.
42 employees are participating in the current graduate program, representing 9.5% of our professional staff. Of these participants, there has been a 93% retention rate over the 4 year rotation program. Over the course of the past 12 years of the graduate program, three have progressed to become current General Managers and six are Senior Managers within the Company.