Estimate Your Employee Turnover Costs

You may be losing far more than just a few employees. While turnover will vary in industries and job groups, it is reasonable to use annual salary and benefits, or total compensation, to calculate your cost of turnover.

 
Typically:
 

Benefits percentage is equal to:

• 20% to 30% of the hourly rate for non-exempt employees
• 25% to 35% of salary for exempt employees

Turnover cost percentage is equal to:

• 33% to 50% of total compensation for non-exempt employees
• 100% to 200% of total compensation for exempt employees
   

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