Cost of Turnover Calculator for Overall Workforce

This analysis applies where turnover by workforce segment is not known.

Number of employees in organisation
Annual turnover in organisation  %
Number of employees leaving organisation annually
Average salary of employees in organisation ($)
Turnover costs per employee leaving organisation * %
Average cost per employee $

* Normally assume turnover costs are 1/3rd of the average salary of employees (this is most likely a very conservative estimate).  In sales scenarios, where the loss of key customers or market share is likely, a higher figure should be used.

Total annual cost to the organisation $
Thus a 20% reduction in turnover equates to a cost saving of: $

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Click here to calculate cost of turnover by segment

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