Cost of Turnover Calculator (Tool)
Turnover is costly. Despite the harm it can cause to the bottom line, many businesses do not actually know how much turnover costs them. Policies that support workers, such as paid sick days, a fair minimum wage, investments in workforce training, and work sharing, can help decrease turnover and reduce these costs. This turnover calculator provides an estimate of how much turnover costs your organization. Use CLASP and CEPR’s Turnover Calculator.