Employee Turnover Rate Calculator

The High Cost of Not Knowing... Ignorance is Expensive

When employees leave, it often requires time and money to find and train replacements. There are a number of associated costs with turnover including advertising job openings, recruitment fees, interviewing time for managers, orientation and training of new hires, temporary staffing to fill gaps, and reduced productivity as new employees learn their roles.  Reducing turnover should be a priority as high rates can negatively impact operations, productivity, innovation, and profitability. Strategic retention initiatives like competitive compensation and benefits, engagement programs, internal mobility, professional development, and a positive work culture can help companies hold on to top talent.

Remember the time proved adage: People don't leave jobs, they leave managers.

 

Want more Employee Turnover topics?  We've got 'em!  Check out our entire series available through the links below.

Table Of Contents

Article Home - Our Ultimate Guide To Reduce Employee Turnover and Increase Retention

TOC - Visit our Table of Contents Page for this engaging and dynamic series of informative articles about Employee Turnover compiled by our expert human resource consultants.


 

Sources

The sources and end notes for the main article, this article, and all of the sub-pages is listed below.  All information is used under the Fair-Use.

Citations List & Links