Turnover Calculator

Part of: Center for Workforce Solutions, under: Workforce Tools

Need help in figuring out the cost of your turnover? Try this easy-to- use tool below.

Workforce Cost Calculator

Use this calculator to figure out the cost of your turnover -- download and do in Excel.
Helpful Background Information:

  • Rule of thumb: the cost of replacing any employee is 25% of the salary amount
  • Average turnover for home care agencies is between 40-60%
  • Average turnover in nursing home for certified nursing assistants is between 40-70%
  • Minimum direct cost of replacing a direct care workers is $2,500
  • Indirect costs are individual to each organization, but include advertising, training, temporary help, lost productivity, etc.
  • Example: An organization that averages 40 terminations per year is spending at least $100,000 (40 x $2,500= $100,000)

For more information, please see "The Business Case for Investing in Staff Retention:  Can you afford not to?