Cost of Turnover Calculator
Calculate the true cost of employee turnover in your organization and see how pre-employment assessments can reduce those costs.
Your Inputs
Your Results
| Metric | Value |
|---|---|
| Total Employees | 50 |
| Annual Turnover Rate | 25% |
| Expected Departures | 13 |
| Cost Per Departure | $82,500 |
| Total Turnover Cost | $1,072,500 |
| Cost With Assessments | $697,125 |
| Annual Savings | $375,375 |
Annual Cost Comparison
Calculation Methodology
The turnover cost calculation is based on widely cited research from the Society for Human Resource Management (SHRM) and the Center for American Progress, which estimate replacement costs at 50–200% of an employee's annual salary depending on role complexity.
The 35% turnover reduction estimate is based on meta-analyses of pre-employment assessment effectiveness published in the Journal of Applied Psychology, which show that validated assessments reduce first-year turnover by 25–45% on average.
Replacement costs include direct costs (recruiting, interviewing, onboarding) and indirect costs (lost productivity, institutional knowledge, team disruption, management time).
Start Reducing Turnover Costs
Pre-employment assessments pay for themselves many times over. Get started today.