Turnover Calculator
Please key in the information below and click Calculate to understand the total cost of attrition in your organisation. We have made some assumptions to calculate this, which you can adjust by clicking on the Assumptions tab above.
| Fill In Your Company Details | |
|---|---|
| Weeks to find replacement employee | |
| Weeks to onboard new employee | |
| Salary of departing employee per year ($) | |
| Annual Employee Turnover (%) | |
| Turnover Cost Analysis | |
|---|---|
| Turnover Cost per employee ($) | |
| Cost as percentage of salary (%) | |
| Total estimated turnover costs per year ($) | |
These assumptions are used as part of the total turnover calculations. Please adjust the numbers below according to your specific organisation.
| Fixed Assumptions | |
|---|---|
| We assume that coworkers have the same salary as the departed employee. (Not adjustable) | |
| We assume that managers of departing employees have a salary at 1.5x (Not adjustable) | |
| Offboarding Costs | Hours (#) |
|---|---|
| Time spent by departing employee to teach and transition work to co-workers (Hours) | |
| Time spent by co-workers to learn and transition from departing employee (Hours) | |
| Time spent by manager/supervisor on knowledge transfer and transition process (Hours) |
| Vacancy Costs | Hours (#) |
|---|---|
| Number of additional hours per week for coworkers to cover the role part time (while the role is vacant). |
| Recruitment Costs | |
|---|---|
| Cost of Job Posting ($) | |
| Fees for recruitment agents (as # of months of salary) | |
| Time spent by manager/supervisor to review resume, assess and interview new employee (Hours) | |
| Onboarding Costs | Hours (#) |
|---|---|
| Time spent by co-workers to teach and transition work to new employee (Hours) | |
| Time spent by manager/supervisor on knowledge transfer and onboarding process (Hours) |