Recruiting and selection
Your recruiting cost per hire multiplied by annual departures.
Employee turnover cost calculator
Use six workforce inputs to estimate the annual financial impact, cost per departure, and potential savings from reducing turnover.
Calculate your costResults are immediate. No email address is required.
Transparent by design
This is a conservative planning model. It uses only the costs shown below and leaves out harder-to-measure effects such as lost knowledge, customer disruption, manager distraction, and team morale.
Your recruiting cost per hire multiplied by annual departures.
Daily salary × days to fill × 50% productivity impact × annual departures.
Monthly salary × months to full productivity × 50% productivity shortfall × annual departures.
Use the number carefully
Compensation, managers, workload, culture, labor supply, and job fit can all influence turnover.
The calculator identifies the financial scale of the issue. It does not diagnose the cause. PXT Select and Occupational DNA® may help when mis-hires, unclear job requirements, or job fit are part of the problem.
Calculator questions
Annual turnover rate equals the number of employees who left during the past 12 months divided by the current number of employees, multiplied by 100.
The calculator includes the recruiting cost per replacement, an estimated productivity impact while the position is vacant, and an estimated productivity shortfall while the replacement reaches full productivity.
Employee count is needed to calculate turnover rate and understand the scale of the workforce. The same number of departures can have a very different impact in a 25-person company and a 1,000-person organization.
No. Assessments add job-relevant evidence to hiring and placement decisions. Results depend on how the organization defines the role, uses the assessment, interviews candidates, manages employees, and addresses other causes of turnover.
Start with a real workforce decision
Tell us what you’re trying to improve. We’ll help determine whether there’s a fit.