Turnover Calculator

Instructions:

1. In the shaded boxes ONLY, enter your information using only numbers (no commas, decimal points or other characters).

2. Click “Calculate” to determine the cost of employee replacement.

CALCULATE EMPLOYEE REPLACEMENT COST
Turnover Calculator 1.97 . EMPLOYEE COST
Annual Base Salary $
Benefits Cost $	Estimated at 30% of base salary
Monthly Salary + Benefits $
Daily Salary + Benefits $	Based on 235 working days
LOSS OF PRODUCTIVITY (Other Employees Filling in for Vacant Position)
Daily Cost of “Covering” Position $	33% of Daily Salary + Benefits
# of Days Position Vacant
Total Cost to “Cover” Position $
COST TO HIRE
HR or Hiring Manager Salary $
Hourly Rate $	Based on 235 working days
Resume Screening (Hours)
Interviews (Hours)
Total Hours to Fill Position
Cost to Fill Position $
TRAINING COST
Trainer or Manager Salary $
Daily Rate $	Based on 235 working days
Total Training Days
Total Training Cost $
DAYS TO PRODUCTIVITY (Time required for the new hire to reach 100% Productivity)
Daily Employee Cost $
Days to 100% Productivity
50% Productivity Loss $	Until 100%, works at 50%
TOTAL COST
Total Cost of Turnover $