What is staff turnover costing you?

How the calculator works

It adds up five costs that come with every departure, then multiplies by the number of people who left in the last 12 months:

• Recruitment spend: advertising, agency fees and checks for the replacement.
• Manager and HR time: hours spent recruiting and onboarding, at the cost of the people doing it.
• Lost output while vacant: weekly salary × weeks vacant × the share of the work that doesn't get covered.
• Ramp-up productivity gap: monthly salary × months to full productivity × the average shortfall while learning.
• Training and onboarding: courses, equipment and licences for the new starter.

It doesn't include harder-to-measure costs such as lost customer relationships, lower team morale or knowledge that walks out the door, so the real figure is usually higher.

Why people leave

HR Coach's research found that employee turnover above 7% in any year substantially reduces a business's profitability, and that most employees and managers leave because of a poor relationship with their immediate manager. Read the research.

A STAR Workplace assessment shows which teams are at risk and why, before people resign. Get an instant quote or see what every generation expects from work.