RA | Contact Us
Resource AssociatesResource Associates HomeResource Associates Employersresource Associates IndividualsResourec Associates Company ProfileResourec Assocites Q&AResourece Associates Contact UsResource Associates BlogResource Associates
 
RA | Turnover cost calculator

Fill in below to calculate your STAY-Score™ Savings

How much is turnover costing your business?


Number of Employees Number Your Input
Annual Turnover Rate Percent Your Input
Employee's Hourly Pay Rate Dollars/hr Your Input
Supervisor's Hourly Pay Rate Dollars/hr Your Input
Lost productivity prior to separation (75% productive) Hours 375
Average Medical and Benefits Cost as % of Salary Percent 1.25
Pre-employment testing, drug testing, etc. Dollars $130.00
Interviewing (2 man-hours per candidate) Hours
Number of candidates interviewed for each one hired # Candidates 187.5
Administrative 1.5 hrs X $16 (term letter, offer letter,
scheduling, phone, reference checking, etc.)
Hours 30
Vacancy Cost (amount of time before vacant job is filled in hours) Hours 6750
Lost productivity of untrained employee (75% productive) Hours 375
Agency Fees (typically 35% of first year salary) Percent 0
Advertising Dollars $0.00
Relocation Allowance Dollars $0.00
Signing Bonus Dollars $0.00
Turnover Cost for Single Employee $7,848.75
Annual Turnover Cost $2,354,625.00
Annual STAY-Score™ Savings
(reducing 1st year turnover by 50%, when 1st year turnover comprises 30% of overall turnover)
$353,193.75
RA's proprietary Stay-Score™ measures
Employee Resiliency
I

Learn More



Resource Associates
home | employers | individuals | company profile | Q&A | contact us | blog
copyright © 2008 Resource Associates, Inc.