Do you have a burning HR question that needs answering?
Our expert HR advice
is just a click away
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.
You must be logged in to download these resources
Log in now
Ai Group members get unlimited access to our HR Resource Centre. This includes comprehensive HR articles, templates and resources, and our popular Q&A section.
Already a member? Log in to access this content.
Not a member? Take a look at what Ai Group can offer your business.