Employee turnover is costing you Money!

Measure-X
6227 North 15^th Street
Phoenix, AZ 85014
888-644-5499
602-230-2579
602-230-0035 (fax)
info@measure-x.com

Employee Turnover Cost
Find out how much your employee turnover is costing you with our quick and easy calculation. This calculation can be performed as often as you would like.
Your privacy is important to us. The information provided below will not be retained in any way.	Enter your information here:
Enter your annual cost of salary expense. ($)
Enter your annual cost of employer taxes and benefit package ($)
Enter your number of employees
Enter the number of employees you turned over in the past 12 months
Enter the number of new employees hired in the past 12 months
Approximate percentage of employee turnover.	%

Cost of Candidate Selection & Interview Costs

Enter the average number of job candidates you screen and/or interview before making your final choice.

Enter the hourly rate of the employee responsible for the candidate selection and interview process. ($x.99)

Annual cost to select & interview candidates based on 2.5 hours of preparation, interviewing, and screening time per candidate

Substitute Employee Cost

Enter your annual cost for substitute employees, or the equivalent in extra hours for other employees during the candidate search. ($)

Cost of Recruiting New Employees

Enter your annual cost for recruiting new employees. ($) Include the total cost of advertisements, recruiters, employee referral fees, employee signing bonus, if any.

Cost of Training New Employees

Enter the hourly rate of the trainer's time. ($x.99)

Estimate the number of hours of formal training for all new employees (x.9)

Annual cost to train new employees

Bottom-line Results

Total annual cost of employee turnover

Employee turnover cost as a percentage of annual salary expense


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