Turnover Calculators

What is Turnover?
Turnover is the attrition of employees through voluntary or involuntary terminations. Turnover results in costs to the employer from lost productivity, job advertising costs, training new employees, etc

What are the costs of Turnover?
The costs can be categorized as below:

Separation of Employee
Loss of Productivity
Cost to find a replacement
Training of New Employee

From Univ of Wisconsin (http://www.uwex.edu/ces/cced/economies/turn.cfm)
The following worksheet will help you calculate the cost of employee turnover for your company. Knowing the cost of losing and then replacing an employee will help you determine how much you can afford to invest in keeping them. It will also help you analyze whether your investment in keeping your employees is adding to your bottom line.

Turnover Articles

From Business Owner's Toolkit (http://aol.toolkit.cch.com/text/P05_7145.asp)
Monetary and hidden costs associated with employee turnover.

Free Online Turnover Calculators

Employee Turnover Cost Calculator (http://www.blr.com/landingPR/index.aspx?landingPRID=1)
From BLR, download this free “Employee Turnover Cost Calculator” and start saving your company money.

Turnover Calculator (http://www.expresspersonnel.com/toc1.asp)

From University of Wisconsin (http://www.uwex.edu/ces/cced/economies/turn.cfm)

From Integrated Management Resources (http://integratedmanagementresources.com/turnovercalc.asp)

From Sibson Consulting Company (http://go.sibson.com/row/cot/)

TOPMARK, LLC (http://www.top-mark.com/turnover_cost_calculator.htm)
Turnover Cost Calculator for Sales Forces projects the soft and hard costs of, and lost revenue resulting from, the turnover in sales resources.

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