How to Use the Turnover Cost Calculator
Fill Out the Fields
-
Average Salary ($): Enter the annual salary (e.g., 50000).
-
Recruitment % (0-100): Enter how much recruitment costs as a percentage of salary (e.g., 20 for 20%).
-
Training Period (Months): Enter the time it takes to train a new hire (e.g., 3 months).
-
Time to Fill (Days): Enter the time it takes to hire a replacement (e.g., 30 days).
Click “Calculate”
-
The calculator will process your inputs.
View the Results
-
See the total turnover cost and a breakdown of recruitment, training, and lost productivity costs.
Need Help?
-
Click the ? buttons for tips on filling out each field.
This tool gives you an instant estimate of how much losing and replacing an employee costs your business!
Ready to Reduce Turnover Costs? Start Planning Today!