Employee Turnover Cost Calculator
Turnover is one of the most expensive and least tracked costs in business. Every departure means recruiting, onboarding, lost productivity, and training. Quantify what turnover is actually costing you and how much you could save by retaining your people.
How much is employee turnover costing my company?
Turnover is one of the most expensive and least tracked costs in business. Every departure sets off a chain of expenses that most owners never add up. Here is what goes into the true cost of losing an employee.
Recruiting
Job postings, agency fees, interviewing time, and background checks all cost money before a new hire ever starts.
Onboarding
New employees need training, equipment, and supervision. The first months are an investment, not a return.
Lost Productivity
An open role means work goes undone or falls on others. A new hire takes weeks or months to reach full productivity.
Training
Formal and informal training time, plus the time of the people doing the training, adds up fast.
Benefits Gaps
Weak benefits are a top reason employees leave. Better coverage is the single most effective retention tool.
HR Time
Every departure and hire pulls your HR team or office manager away from higher-value work.
Compliance
Turnover creates I-9, benefits enrollment, and termination paperwork that must be done correctly to avoid fines.
Administrative Costs
The combined cost of replacing an employee runs 20 to 200 percent of their salary depending on the role.
Your turnover cost will appear here
Enter your employee count, turnover rate, and average salary to see what employee departures are really costing your business.
How this works
Replacement cost includes recruiting, job posting, interviewing time, background checks, onboarding, training, and lost productivity during the ramp-up period. Industry research from the Center for American Progress places replacement costs at 20 percent of salary for low-wage jobs, 50 percent for mid-level, and up to 213 percent for specialized or executive roles. This calculator applies a 30 percent turnover reduction, which is the typical improvement businesses see after implementing competitive PEO benefits that improve retention.