Employee Turnover Cost Calculator
Losing good performers is not only a "brain drain" of your company's human capital, there are also direct and indirect costs associated with replacing the very employees you would rather retain.
To a great degree, voluntary turnover is manageable. Investing in solutions that result in even a small reduction in your company's turnover rate can lead to substantial reductions in employment expenses over the long term.
Studies have estimated direct turnover costs to be at least 25-30% of an individual employee's salary/benefits package, with hidden costs inflating that figure substantially. How much does turnover cost your company? Use this simple calculator to see how much turnover impacts your bottom line.