Turnover Cost Calculator
Turnover rate
%
Turnover cost per employee
$
Annual turnover cost
$
We estimate employee turnover rate and cost by examining the number of employees who left and related expenses like recruitment, onboarding, and more. The result helps you understand the financial impact of turnover on your bottom line.
How does this calculator work?
The ripple effect of employee turnover
A productivity power outage
When employees leave, productivity doesn’t just slow down—it stumbles. The ripple effect of one departure can cause missed deadlines and delays across your team.
The price tag of losing talent
Turnover comes with a hefty price—recruitment, training, and time lost. It’s not only about finding a new hire; it’s about how much it costs to get them fully on board.
When turnover hurts team spirit
Losing people affects more than workflows—it impacts morale. Constant change can leave your team feeling uncertain and disengaged, and that’s when performance dips further.
Keep your team and your budget in check
Retain your best talent
Check-in regularly and give quick shout-outs to keep spirits high.
Make sure your pay is competitive - nobody likes to feel underappreciated.
Show your team there’s room to grow with training and development opportunities.
Welcome new hires with a smooth onboarding process to set them up for success.
Build a positive culture with fun team-building activities to strengthen bonds.
Cut down turnover costs
Use HR software to automate tasks like onboarding and hiring and save everyone time.
Take a close look at exit interviews to uncover trends and make changes.
Offer flexibility with remote work or flexible hours; it can really make a difference.
Automate steps in your recruitment process to speed things up and cut down on costs.
Implement cross-training to boost skills and reduce the need to hire new talent.
Explore more HR calculators
Start free, no credit card needed
Upgrade when you’re ready for $2/user
