Average Approximate Cost of Turnover Calculator

Measuring turnover and retention is an important step in analysing how an organisation is performing overall with the cost of employee turnover an often underestimated expense. 

The formula in our Average Approximate Cost of Turnover Calculator can help your organisation put an actual figure on staff turnover. 

Please note, the formula uses the commonly used benchmark of a role costing 150% of an employee’s annual salary to replace. An organisation may choose to use another benchmark applicable to their organisation or industry.