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Employee Turnover Cost Calculator

Work out your employee turnover rate and what replacing leavers costs a year.

  • Free
  • No sign-up to try
  • Works as you type

Employee turnover cost

Turnover rate

15.0%

Yearly replacement cost

$162,000

  • Turnover = people who left ÷ average headcount × 100.
  • Replacement cost = people who left × cost to replace one person.

Free, no sign-up to try. Save it as a live calculator you can share; an estimate from the numbers you enter, not financial advice. Check the result against your own records before you rely on it.

See a worked example

How it works

How the Employee Turnover Cost Calculator works

  1. 1

    Enter your numbers

    Every result updates as you type, with the formula shown under it.

  2. 2

    Check the method

    See how each number is worked out and what it assumes.

  3. 3

    Save it as a Room

    Share a live calculator: others can change the numbers and see the result update.

Worked example

What it makes

Example inputs

Average headcount
120
People who left this year
18
Cost to replace one person
$9,000

Results

Turnover rate
15.0%
Yearly replacement cost
$162,000

How it's calculated

  • Turnover = people who left ÷ average headcount × 100.
  • Replacement cost = people who left × cost to replace one person.
  • Assumes: Replacement cost is your own figure (hiring, onboarding, time to productivity).

An estimate from the numbers you enter, not financial advice. Check the result against your own records before you rely on it.

Who it's for

Who uses it

  • HR teams

    Put a cost on turnover for leadership.

  • Managers

    Make the case for retention work.

  • Founders

    Plan hiring budgets with real numbers.

Good to know

What to consider

  • Replacement cost is your figure: include hiring, onboarding and time to full productivity.

Questions

About the Employee Turnover Cost Calculator

What should I use as the cost to replace someone?

Add recruiting costs, interview time, onboarding and the time until a new hire is fully productive. If you don't know it, start with a conservative estimate and change it later.

Can I share the calculator with my team or a client?

Yes. The Room keeps the calculator live: anyone with the link can change the numbers and see the result update, with the method and assumptions on the same page.

Make your calculator now

Free, no sign-up to try. It becomes a Room you can edit, publish and share.

Create my calculator

Related

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  • Churn Rate CalculatorWork out customer churn and retention for a period from two numbers.
  • Profit Margin CalculatorWork out gross margin, net profit and net margin from revenue and costs.
  • ROI CalculatorWork out the return on an investment, as a net amount and a percentage, and share it as a calculator anyone can adjust.
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