Losing talent is expensive

Turnover rate calculator

According to Gallup, the cost to replace an employee ranges from 50% to 200% of their annual salary. Even a modest 10% turnover rate drains your company’s bottom line.

Voluntary turnover (employees leaving on their own accord) costs U.S. businesses a staggering $1T annually.

The first step to reducing turnover cost is to quantify it. Calculate your turnover rate here.

Calculate your employee turnover rate

Quantifying voluntary employee turnover is the first step to reducing its cost to your business.

We'll show you how your business compares against others in your industry.

Turnover rate calculation

 

TO BE CALCULATED

Turnover rate

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How turnover hurts your bottom line

The hidden realities of American businesses

66%

of HR leaders say turnover is their #1 operational concern

75%

of the causes of employee turnover are preventable

$40k

the average cost of losing one U.S. employee

$1 trillion

the collective cost of U.S. voluntary turnover...annually

Strengthening financial resilience enables you to retain and attract top talent

Reducing the single largest expense in most people's lives - interest on debt, can be more powerful than a raise

See how

FAQ

Turnover concepts