Employee Turnover Cost Calculator
An employee turnover cost calculator reveals what attrition really costs. Enter your headcount, turnover rate, average salary and replacement cost to see the total annual turnover cost, how many people you lose, and the cost of each departure.
Typically 33%–150% of salary: hiring, onboarding and lost productivity.
At a glance
How the employee turnover cost calculator works
- 1 Enter your total headcount and annual turnover rate.
- 2 Add the average salary of the roles that turn over.
- 3 Set the replacement cost as a percentage of salary (recruiting, onboarding, ramp-up, lost output).
- 4 The calculator multiplies it out to the full annual cost of attrition.
Leavers = Employees × Turnover rate. Cost per departure = Average salary × Replacement %. Total cost = Leavers × Cost per departure.
Frequently asked questions
How do you calculate the cost of employee turnover?
Multiply the number of employees who leave by the cost to replace each one. Replacement cost is usually estimated as a percentage of annual salary — commonly 33% for entry roles and up to 150%+ for senior or specialised roles — covering recruiting, onboarding and lost productivity.
What is included in turnover cost?
Recruiting and advertising, recruiter and manager time, onboarding and training, reduced productivity while the role is vacant and while the new hire ramps up, and the knowledge that walks out the door.
What is a good employee turnover rate?
It depends on industry, but 10% or below annually is generally considered healthy. Rates above 20% usually signal engagement, compensation or management issues worth investigating.
How can I reduce turnover cost?
Lowering the turnover rate has the biggest impact — through better hiring fit, onboarding, engagement and career growth. HR software helps by surfacing attrition risk early and improving the employee experience.