The
turnover calculator helps you to establish:
- Total cost of staff turnover.
- Total costs of recruitment.
- Total costs of training.
You will be able to establish how much could be saved
for every % reduction in staff turnover.
Ideally, before you begin you should have collected
the following data.
- Number of staff.
- % staff turnover.
- Average external recruitment costs (per head).
- Average internal recruitment costs (per head).
- Average training investment per head.
- Average salary.
- Average time to reach average performance level.
If you don’t have this data to hand you can
still use the calculator and use best estimates to give
a guide.
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