The True Cost of Employee Turnover

Employee turnover is expensive, and it costs more than many HR managers realize. Use the sliders to find out how much your employee turnover actually costs.

200

TOTAL NUMBER OF EMPLOYEES

100

NUMBER OF EMPLOYEES THAT LEAVE
(PER YEAR)

$15

AVERAGE EMPLOYEE HOURLY WAGE

Estimated Annual Cost of Employee Turnover
Source: Work Institute Retention Report. Source: To Have and to Hold. Retrieved from SHRM.org

SOFT COST
(Hiring, Productivity)

$578,880

HARD COST
(Wages, Training)

+$285,120

TOTAL COST
(PER YEAR)

$864,000

REFERED SAVINGS
(PER YEAR)

$216,000
on employee turnover based on your turnover rate
Refered Dashboard Preview
Refered Data Example
0 %
Reduce turnover costs by an average of 27%.
0 %
Increase organizational retention by 25%.
0%
Reduce turnover rate by an average of 22%.

See how you can save on expensive employee turnover.

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