• Employee Turnover Calculator

Assumptions

This online calculator makes the following assumptions:

  • 2 full days of leaving employee time will be spent teaching a co-worker their role
  • 2 full days of co-worker’s time will be spent learning the role
  • 4 hours of supervisory time spent on ‘checking’ in on transition
  • Coworker completing vacant role part time (50%)
  • 25% of manager time supervising new tasks
  • Job posting assumed at £300
  • Recruitment Fee – from  10% to 30%
  • 10% of manager time supervising new tasks
  • Coworker spends 25% of onboarding time teaching ‘ins and outs’
  • Manager spends 10% of onboarding time managing new employee

    Company Name

    Email

    Please estimate the number of weeks to find a replacement employee

    Please estimate the number of weeks to onboard new employee

    Please enter the departing employee's yearly salary (£)

    If the departing employee has an equivalent coworker, please enter the coworker's yearly salary (£)

    If the departing employee has a line manager, please enter the manager's yearly salary (£)

    Please enter the recruitment fee percentage (%)

    Total cost to replace employee (£)

    Cost as a percentage of departing employee's salary (%)

    [cf7mls_step cf7mls_step-1 "Next" ""]

    Please estimate the total number of employees leaving per year

    Total Turnover Cost (£)

    Total Cost when Staff Turnover Reduced by 10% (£)

    Total Cost when Staff Turnover Reduced by 20% (£)

    Total Cost when Staff Turnover Reduced by 30% (£)

    Total Cost when Staff Turnover Reduced by 50% (£)

    [cf7mls_step cf7mls_step-2 "Back" "Step 2"]