🧮 Turnover Cost Calculator
Most leaders think the cost of losing someone is roughly the cost of hiring their replacement. It is not. Once you factor in productivity loss, onboarding time, and the drain on manager bandwidth, the real number is almost always a shock. Use this to calculate it properly and make the business case for investing in retention.
What This Calculator Includes
Recruitment and advertising costs, estimated at around 20% of annual salary. Onboarding and training investment at around 10% of annual salary. Lost productivity during the vacancy, based on 50% of monthly salary per month the role sits empty. Manager time spent on interviews, handover, and onboarding, estimated at 15% of monthly salary.
What It Does Not Include
Knowledge walking out the door. The dip in team morale. Client relationships that get disrupted. The mistakes a new person makes while they are finding their feet. The actual cost is almost always higher than what this calculator shows. Use it as a starting point, not a ceiling.