Free calculator
Cost of Employee Turnover Calculator
Enter your team's numbers to see what attrition is really costing you each year — recruitment, vacancy, ramp-up and training, in one figure. No email required.
The math
How this calculator estimates the cost of employee turnover
We model the four costs you actually feel when someone quits. Hover over the breakdown in the calculator to see how each one was computed.
Recruitment cost
A flat percentage of salary covering agency fees, job-board ads, internal recruiter time, and interview-loop hours. The default 20%matches SHRM's direct-cost benchmark; agency placements push this to 25–30%.
Vacancy productivity loss
Daily wage (salary ÷ 240 working days) multiplied by the days the role sits empty. The role's output doesn't vanish — it gets absorbed by the team, who pay it back in burnout and missed deadlines.
Ramp-up productivity loss
A new hire is roughly 50% productive across their onboarding window. We charge that 50% gap at the daily wage rate for the days you set. For senior roles, doubling this number tracks closer to reality.
Training & onboarding
Direct training spend per hire — LMS seats, courses, manager time, swag and equipment. We use it as-entered. If you don't track it, $1,000–$1,500 is a reasonable starting point.
Soft costs — team morale, customer impact, lost institutional knowledge — are real but hard to model honestly, so we leave them out. Most peer-reviewed studies suggest they push the true cost 20–50% higher than the figure above.
Why this matters
The numbers behind employee turnover in 2026
Industry benchmarks for context, so you can tell whether your turnover rate is normal — or quietly bleeding the team.
33%
of an employee's annual salary — average cost to replace them
Source · Work Institute
42 days
average time to fill an open role in the US
Source · SHRM
18%
average voluntary turnover rate across US industries
Source · US Bureau of Labor Statistics
40%
lower attrition on highly-engaged teams vs. disengaged ones
Source · Gallup
Common questions
Employee turnover calculator — FAQ
Quick answers to the questions people ask before they trust a calculator with their numbers.
How do you calculate employee turnover?
How do you calculate the annual employee turnover rate?
How do you calculate the monthly employee turnover rate?
What is a good employee turnover ratio?
What does this calculator include in the cost of turnover?
Can I get this as an Excel template?
How does recognition reduce employee turnover?
Want to dig deeper into retention? Read the blog or browse the help center.