Turnover Calculator

1 Recruiting the Employee

2 On boarding, training and managing

3 Cost of potential opportunities

4 Total Costs

Enter employee salary*
Enter hiring manager salary*
Enter training manager salary*
Do you use a recruitment company to place your candidates?*
- Yes
- No
What pententage of the salary does the recruitment company charge?*
Please enter a value between 0 and 100.
How much do you typically spend on advertising the position?*
How many hours would the hiring manager spend reading resumes?*
How many hours would the hiring manager spend interviewing candidates?*
Any other miscellaneous time for the hiring manager?
(Eg. Reference checks, discussions with other managers etc.)
Summary
Cost to Recruit (through recruitment company)
Cost of time spent reading resumes
Cost of time spent interviewing candidates
Cost of other miscellaneous time spent
Cost to Recruit

How many working days of on boarding or training would be provided to the new employee?*
How many months would this employee work at your company before a decision is made about their future (eg. Probation period length?)*
Could this employee have cost the business potential opportunities through poor performance (eg. a sales role?)*
- Yes
- No
Total cost for section 1
Summary
Training Cost
Salary Cost
Cost of On Boarding, Training and Salary

In the weeks wasted by the poor employee, how many opportunities could a great performer have produced?*
What would be the average revenue per opportunity lost by the poor employee?*
Would the hiring or training manager also have lost potential opportunities due to this poor employee?*
- Yes
- No
How many opportunities would the hiring or training manager lost?
What would be the average revenue per opportunity lost?
Summary
Cost of lost opportunities by employee
Cost of lost opportunities to other staff