Employee Turnover Rate Calculator

Analyze employee turnover patterns, calculate costs, and get actionable retention strategies

Company Information

Company Name

Industry

Company Size

Average Salary ($)

Current Employees

Period Length (months)

Employee Headcount

Start of Period Employees

End of Period Employees

Hires During Period

Total Separations During Period

Turnover Details

Voluntary Separations

Involuntary Separations

Retirements

High Performers Who Left

New Hires Who Left

Turnover Costs

Recruiting Costs per Separation ($)

Training Costs per Separation ($)

Lost Productivity Costs per Separation ($)

Admin Costs per Separation ($)

Overall Turnover Rate

6.1%

Excellent

Voluntary Turnover

4.1%

Employees choosing to leave

Retention Rate

93.9%

Employees retained

Annual Turnover Cost

$795K

Total annual cost

Industry Comparison

Your Turnover:6.1%

Industry Low:10%

Industry Average:18%

Industry High:25%

Industry Position24%

Risk Factors

No significant risk factors detected

Turnover Breakdown

Turnover Components

Voluntary:4.1%

Involuntary:2.0%

Retirements:0.8%

Stability Metrics

Retention Rate:93.9%

Stability Rate:97.2%

Annualized Rate:6.1%

Turnover Trends

Historical turnover rates and projections

Cost Analysis

Cost per Separation

$53,000

Total Annual Cost

$795K

Cost Breakdown per Separation

Recruiting:$15,000

Training:$8,000

Lost Productivity:$25,000

Admin:$5,000

Cost Distribution

ROI on Retention Investments

Current Annual Cost

$795K

10% Reduction Savings

$80K

25% Reduction Savings

$199K

Turnover Reduction Recommendations

Enhance Onboarding Program

High Priority

Improve the first 90 days experience with better orientation, mentoring, and integration programs.

Impact: 30-40% improvement in new hire retention

Category: Onboarding

Create Career Progression Paths

High Priority

Develop clear career paths and growth opportunities to retain top talent.

Impact: 20-30% reduction in high performer turnover

Category: Career Development

Invest in Retention Programs

Medium Priority

With $795K in annual turnover costs, invest in retention initiatives.

Impact: Significant ROI on retention investments

Category: Retention Investment

Implementation Roadmap

Immediate Actions (0-3 months)

Conduct Exit Interviews

Understand reasons for leaving

Review Compensation

Ensure market competitiveness

Manager Training

Improve leadership skills

Employee Surveys

Measure satisfaction regularly

Medium-term Initiatives (3-12 months)

Career Development Programs

Create growth opportunities

Flexible Work Options

Improve work-life balance

Enhanced Benefits

Comprehensive total rewards

Recognition Programs

Acknowledge contributions

Long-term Strategy (1+ years)

Culture Development

Build positive workplace culture

Technology Investment

Improve employee experience

Diversity & Inclusion

Create inclusive environment

Succession Planning

Develop future leaders

Success Metrics

Leading Indicators

• Employee engagement scores
• Manager effectiveness ratings
• Training participation rates
• Internal promotion rates
• Employee satisfaction surveys

Lagging Indicators

• Turnover rate reduction
• Time to fill positions
• New hire performance ratings
• Retention rate improvement
• Cost per hire reduction