Cost Of Employee Turnover Calculator

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Estimated Annual Cost of Employee Turnover: ? Turnover cost is calculated by multiplying the number of employees by the percentage of employees who leave each year, divided by 100, and then multiplying the result by a fixed cost of $5,000. This estimate covers both the direct and indirect costs of employee turnover, including hiring, training, and lost productivity

$500,000


Incorporating Drive’s Strategies, You Could Save As Much As:

$190,000

Reduce Turnover Costs with Drive’s Free Resources

What if your organization had more “I love working here” moments than “take this job and shove it” moments?

Research shows companies with strong cultures have 38% less turnover than those with workplace issues. Imagine the savings! But, it’s not just about money. It’s about building a stellar reputation, enhancing service quality, and creating the best possible place to live and work. And we know you really care about all of that.

Elevating your organization starts with culture. Worried about the complexity? With Drive, enhancing culture is straightforward, with visible, tangible results. Ready to see how easy it can be? Click here for a free guide to start your Culture Journey and conquer turnover for good!

Get The Strategies

Book a FREE tailored culture plan session

In this call we will dive deep into your organization’s culture dynamics. We’ll pinpoint areas of concern and provide insights on how to foster a healthier work environment. You’ll walk away with a 3-step tailored action plan designed to significantly reduce turnover costs and boost employee satisfaction.
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