Turnover Cost Calculator
What Is Turnover Actually Costing You?
Every departure has a price tag most companies never calculate. Recruiting fees and severance are the visible part. The larger cost is hidden: lost productivity while a replacement ramps, manager time pulled into backfilling, client relationships disrupted mid-engagement, and institutional knowledge walking out the door.
Gallup estimates that replacing a single employee costs one-half to two times their annual salary. They also found that 52% of voluntary departures were preventable, and that in the three months before leaving, 51% of those employees had no conversation with anyone about their future at the company.
This calculator estimates your Year 1 turnover cost using published benchmarks from Gallup and Work Institute. Enter your numbers to see what turnover is costing you, and how much of it is avoidable.
Sources: Gallup, ‘This Fixable Problem Costs U.S. Businesses $1 Trillion’; Work Institute Retention Report.