Employee Turnover Rate Calculator

The High Cost of Not Knowing… Ignorance is ExpensiveWhen employees leave, it often requires time and money to find and train replacements. There are a number of associated costs with turnover including advertising job openings, recruitment fees, interviewing time for managers, orientation and training of new hires, temporary staffing to fill gaps, and reduced productivity as new employees learn their roles.  Reducing turnover should be a priority as high rates can negatively impact operations, productivity, innovation, and profitability. Strategic retention initiatives like competitive compensation and benefits, engagement programs, internal mobility, professional development, and a positive work culture can help companies hold on to top talent.

Remember the time proved adage: People don’t leave jobs, they leave managers.