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How much does it really cost to replace staff to full productivity?
The Employee Turnover Cost Calculator is simple to use, thorough and accurate.
All the hard work is done for you. Just enter the known costs and watch the calculator show you budgeted versus unbudgeted costs, the percentage of salary used to replace people and total spend.
Store your results for comparisons across role types or over time.
Choose a target reduction in employee turnover rate and see the potential cost savings.
Click to view the Employee Turnover Calculator brochure.
Comments from current clients:
"Thank you for sharing the Employee Retention Costs Calculator. I entered some figures for a couple of key positions and recently made a presentation to our CEO. He was very impressed, especially with the fact that the model was able to calculate the unbudgeted costs. In a couple of weeks I will be making a presentation to our Executive Management Team on the cost of turnover using your calculator and discuss the need for our organisation to focus on retention."
"I was extremely impressed by the data it revealed. Whilst I probably was conservative in the data I fed into it in some aspects, there was no doubting the results received or their validity. I do expect to incorporate this tool into HR and can see myself developing very enlightening reports to support retention strategies when selling them to my CEO and Board."
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