How much are you paying for employee turnover?

Turnover costs vary by company, although estimates put the true cost at one-third to one-half of an employee’s first year salary.

Stratus.hr has developed customized turnover cost calculators for clients to help them understand their exact turnover costs and where they can make improvements in the following seven cost categories:

  1. Administrative – departing employee
  2. Operational – departing employee
  3. Recruiting
  4. Training
  5. Productivity
  6. Administrative – new employee
  7. Operational – new employee
  8. Quality

 

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