TalentDrain | Engagement & Retention Specialist

Turnover Calculator
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The turnover calculator helps you to establish:

  • Total cost of staff turnover.
  • Total costs of recruitment.
  • Total costs of training.

You will be able to establish how much could be saved for every % reduction in staff turnover.

Ideally, before you begin you should have collected the following data.

  • Number of staff.
  • % staff turnover.
  • Average external recruitment costs (per head).
  • Average internal recruitment costs (per head).
  • Average training investment per head.
  • Average salary.
  • Average time to reach average performance level.

If you don’t have this data to hand you can still use the calculator and use best estimates to give a guide.

Number of Staff:  
% staff turnover:  
External recruitment costs (per head):
£
Internal recruitment costs (per head):
£
Training investment per head:
£
Average Salary:
£
Time to reach average performance level (weeks):
 

 

 
   
 
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