Employee Turnover Cost Calculator

Quantify every dollar lost when an employee leaves — separation admin, open-role productivity loss, recruiting, and the ramp-up productivity gap. Uses the SHRM cost-per-departure methodology with industry benchmarks.

Free ToolNo account requiredData stays in your browserUpdated: Jan 2024

Pre-fills benchmarks from BLS data

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Enter your headcount, departures, and salary to see results

Start with your workforce baseline on the left

Methodology: Departure cost methodology based on SHRM's 'Retaining Talent: A Guide to Analyzing and Managing Employee Turnover'. Industry turnover rates from BLS JOLTS 2023 Annual Summary. Time-to-fill benchmarks from SHRM 2023 Talent Acquisition Benchmarking Report. Benefits cost from KFF 2023. Productivity ramp-up model based on SHRM research estimating 50%/75%/90% output in months 1–3.Learn more

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