Turnover Cost Calculator

Estimate turnover costs and potential retention savings.

Estimate method
Pay basis

Use departures and annual pay from the same employee group and period. Enter total compensation if you include benefits and other employer-paid compensation.

Average-pay inputs
Editable starting assumption: 33.3%.
Formula and starting assumptions

For each group: departures × average annual pay × cost percentage ÷ 100. Costs per departure are rounded to cents before group totals are added. Savings use each group’s cost per departure and the number prevented.

Starting rates: average pay 33.3%; entry level 25%; professional 33.3%; manager 50%; executive 100%. All rates are editable. These rates are planning assumptions, and do not measure your organization’s actual costs.

Method reference: SHRM turnover calculator. PromoteHR’s calculator is independently implemented. Results use the values you enter.