Payroll Expense Calculator
Use the sliders to estimate your ROI of the Refered program.
Estimated Annual Cost of Employee Turnover
Source: Work Institute (2020). 2020 Retention Report. Source: To Have and to Hold (2019). Retrieved from SHRM.orgSOFT COST
(Hiring, Productivity)
$578,880
HARD COST
(Wages, Training)
+$285,120
TOTAL COST
(PER YEAR)
$864,000
Weekly Payroll Expense
See how you could bonus your team for implementing Refered.
ESTIMATED WEEKLY
PAYROLL EXPENSE
$0
REFERED SAVINGS
(PER YEAR)
$216,000
on employee turnover based on your turnover rate. Your HR department bonus opportunity could be 1% of Refered savings!
