Cost of Employee Turnover Calculator
Estimate what employee turnover is really costing your organization every year.
Input Variables
Enter your employee turnover information below.
Your turnover cost breakdown will appear after calculation.
Frequently Asked Questions
Employee turnover cost is the total estimated expense a company incurs when an employee leaves and needs to be replaced. It can include separation, recruiting, vacancy, onboarding, training, and productivity-related costs.
The calculator estimates turnover cost using your employee headcount, annual turnover rate, average employee salary, and role complexity. You can also enter detailed turnover costs for a more customized estimate.
The salary multiplier represents the estimated cost of replacing an employee compared with their annual salary. For example, a 1.5x multiplier means the estimated replacement cost is approximately 1.5 times the employee's annual salary.
More specialized or senior roles can require additional recruiting time, training, onboarding, and productivity recovery. As a result, replacing these employees can have a greater financial impact.
Yes. Enable the detailed turnover costs option to enter estimated separation, vacancy, recruiting, onboarding, and productivity-loss costs. These values allow the calculator to provide a more customized estimate.
Companies can reduce turnover costs by improving hiring practices, employee onboarding, training, engagement, retention programs, and workforce planning. Understanding where turnover costs are coming from is a useful first step.