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SEE EXACTLY WHAT WORK REALLY COSTS

Employee Turnover Cost Calculator

Every departure has a receipt — recruiting, onboarding, ramp-up, vacancy, and knowledge loss. See your turnover rate and its annual dollar cost.

≈ $6,250 / month
Average headcount: 210
COST PER DEPARTURE
Recruiting$15,000
Onboarding & training$7,500
Productivity loss (ramp-up)$18,750
Vacancy cost$3,750
Knowledge loss & disruption$3,750
ANNUAL COST OF EMPLOYEE TURNOVER
$1,462,500.00
14.3%
TURNOVER RATE
$48,750
COST PER DEPARTURE
65%
OF ANNUAL SALARY
30
SEPARATIONS
Cutting turnover by just 20% would save $292,500 a year
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Want the formulas and benchmarks behind these numbers? Read the guide: How to calculate employee turnover rate & cost.

What does employee turnover really cost?

SHRM and Gallup research puts the fully-loaded cost of losing an employee at 50–200% of their annual salary, depending on role complexity and seniority. This calculator makes that number concrete. It combines the standard turnover rate formula — separations divided by average headcount — with the five cost buckets that drive the dollar figure: recruiting spend and interview time, onboarding and training hours, productivity lost while a replacement ramps up, the vacancy cost of an empty seat, and the knowledge loss and team disruption a departure leaves behind. Change any variable and the annual bill updates instantly, so you can see exactly what a retention program is worth before you fund it.

Frequently asked questions

Divide the number of employees who left during a period by the average headcount for that period, then multiply by 100. Average headcount is (starting headcount + ending headcount) ÷ 2. Example: 30 departures with an average headcount of 210 = 14.3% turnover.