Calculate Your Turnover CostsKeepEmployees inc.

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To automatically calculate turnover costs for specific positions in your organization, enter your data in the boxes below. Each work category (nonexempt, exempt and executive) automatically calculates lines 3, 6 and 8 when you click the "Recalculate" button at the bottom of the page.
NONEXEMPT    (Target Position Title)
1. Enter the number of the target positions that you employ:
2. Enter how many of these employees quit in the past 12 months:
3. Your turnover % is (automatically calculated): 33.33 %
4. Enter average wage rate for target position: $
5. Choose your cost percentage of benefits for Nonexempt:
6. The position's total compensation is (automatically calculated): $ 54,080
7. Choose your turnover cost percentage for Nonexempt:
8. Your turnover cost for these Nonexempt employees is: $ 1,784,640
EXEMPT    (Target Position Title)
1. Enter the number of the target positions that you employ:
2. Enter how many of these employees quit in the past 12 months:
3. Your turnover % is (automatically calculated): 23.33 %
4. Enter average wage rate for target position: $
5. Choose your cost percentage of benefits for Exempt:
6. The position's total compensation is (automatically calculated): $ 76,950
7. Choose your turnover cost percentage for Exempt:
8. Your turnover cost for these Exempt employees is: $ 538,650
EXECUTIVE    (Target Position Title)
1. Enter the number of the target positions that you employ:
2. Enter how many of these employees quit in the past 12 months:
3. Your turnover % is (automatically calculated): 20.00 %
4. Enter average wage rate for target position: $
5. Choose your cost percentage of benefits for Executive:
6. The position's total compensation is (automatically calculated): $ 108,540
7. Choose your turnover cost percentage for Executive:
8. Your turnover cost for these Executive employees is: $ 325,620
Your total employee turnover cost is: $ 2,648,910
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