The True Cost of Employee Turnover
Employee turnover is expensive, and it costs more than many HR managers realize. Use the sliders to estimate your costs.
Estimated Annual Cost of Employee Turnover
Source: Work Institute Retention Report. Source: To Have and to Hold. Retrieved from SHRM.orgSOFT 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
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