Retention Calculator

Our Mission is to increase your staff retention by over 30%
Retention Calculator

Do you really know how much losing staff costs your business? Our team of Data Scientists have done the hard work for you. This calculator will give you an accurate understanding of the importance of Employee Retention through a detailed cost analysis. 

    Employee terminations during period(Voluntary and Involuntary)

    Number of Current Company Employees (total/local)

    Employee Turnover Rate for period

    %

    Cost of "lost" employee (average salary for different positions if estimating full company turnover cost)

    Departing employee annual base salary:

    $

    Departing employee annual bonus percentage:

    %

    Calculated annual benefits cost:

    $

    Calculated total annual cost:

    $

    Calculated total daily cost:

    $

    Cost of other employees filling in while the position is vacant

    Number of days until the vacant position is filled:

    Calculated daily cost of 'covering' a vacant position:

    $

    Total cost to 'cover' vacant position:

    $

    Cost to fill a vacant position

    Recruitment agency annual cost

    $

    Hiring Manager's annual salary:

    $Note: if you are the hiring manager - insert your annual salary

    Calculated Hiring Manager's hourly rate:

    $

    Cost of advertising (per role) (online and/or print):

    $

    number of hours resume screening :(per role)

    Number of hours interviewing (1st, 2nd, 3rd) per role (telephone screening, 1st and 2nd):

    Cost of behavioral and skills assessments (per role):

    $

    Cost of background checks (per role) (criminal, workers compensation, reference, education):

    $

    Cost of travel or relocation costs (per role average) (if applicable):

    $

    Total cost to fill a vacant position:

    $

    Orientation and Deploying costs

    Trainer/Manager annual salary:

    $ Note: if you are the Trainer/Manager - insert your annual salary

    Calculated trainer/manager daily rate:

    $

    Total training days (up to basic proficiency):

    Total onboarding and orientation cost:

    $

    Cost of productivity ramp-up (During the first 3 months, an average new employee performs at 50% productivity of a tenured top performing employee)

    Daily employee cost: (salary + benefits)

    $

    Number of working days during first 3 months: (average is 54)

    Cost of productivity ramp-up:

    $

    Number of employees lost (in the last 12 months):

    Please fill out to check final result.

    Total cost of turnover (per employee):

    $

    Estimated annual turnover cost:

    $