Employee and Turnover cost calculator

Student
  • (Voluntary and Involuntary)
  • (Note: The period may be any period - monthly or annually; but, must be consistent for Terminations and Employee Base.)
  • Cost of "lost" employee

    (average salary for different positions if estimating full company turnover cost)
  • <- Enter salary (xxx,xxx)
  • Estimated at 20% of base salary
  • Based on 230 (8hr) working days (260 less 10 vacation, 10 holidays, 10 sick)
  • Cost of other employees filling in while the position is vacant

  • <- Enter number of working days
  • 33% of departing employee's daily salary + benefits
  • Cost to fill a vacant position

  • <- Enter salary (xxx,xxx)
    Note: if you are the hiring manager - insert your annual salary
  • Based on 230 (8hr) working days and 20% fringe r
  • <- Enter cost (x,xxx) (Cost of online: $500 - 3,000 Print: $1,000 - 5,000)
  • <- Enter No. of hours (Minimum 10 hours, average 25+)
  • <- Enter No. of hours (Minimum 10, average 25+)
  • <- Enter cost ( x,xxx) (Average: $500 - 5,000)
  • <- Enter cost ( xxx) Average: $250 - 500
  • <- Enter cost (xx,xxx) (Professionals average: $1,000 - 10,000)
  • Orientation and Deploying costs

  • <- Enter salary ( xxx,xxx)
    Note: if you are the Trainer/Manager - insert your annual salary
  • Based on 230 (8hr) working days and 20% fringe rate
  • <- Enter number of days
  • Cost of productivity ramp-up

    (During the first 3 months, an average new employee performs at 50% productivity of a tenured top performing employee)
  • <- Enter number of days (avg. 54 days)
  • 50% of daily rate
  • <- Enter number of employees
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