Turnover Cost Calculator
Why Use This Calculator?
Discover Hidden Costs: Employee turnover isn’t just about recruitment expenses. It includes training, lost productivity, and the ripple effect on team morale. Our calculator provides an estimate of costs for your business.
Data-Driven Decisions: This data will give you a solid starting point to begin the process of making decisions within your business that will assist with retention.
How It Works
Simply enter the total number of employees, the average wage in your business, and your annual turnover percentage. Our calculator will do the rest, providing you with an approximate annual cost of turnover.
Note: The Turnover Cost Calculator is a tool designed for informational purposes only. While it provides a general insight into the safety of your workplace, it is recommended to consult with industry professionals for a thorough evaluation.
Worker Turnover Cost Calculator
Calculate approximately the cost staff turnover has for your business each year.
The Benefits of Improved Workplace Culture
Reduced Costs:
A strong workplace culture directly correlates with lower turnover rates, leading to significant cost savings.
Enhanced Productivity:
Employees who feel valued and supported are more engaged, driving higher productivity and better business outcomes.
Attract and Retain Talent:
A positive workplace culture is a key factor in attracting top talent and keeping them in your organisation.
Boost Employee Well-being:
Prioritising workplace health promotes better mental and physical well-being among employees, contributing to overall job satisfaction and loyalty.
Start your journey to Proactive Workplace Health
Call 1300 367 519Looking for More Comprehensive Workplace Health Solutions?
Employ Health offers a variety of services and solutions aimed at enhancing the health and wellbeing of your employees. From ergonomic assessments to comprehensive healthcare packages, we have you covered.
Employ Health is dedicated to fostering safe, efficient, and healthy workplaces. Beyond tools like our Turnover Cost calculator, we offer comprehensive programs and training to address workplace safety and wellness at its core.