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Employee Turnover Cost Calculator — Free Excel Tool

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Find out what staff turnover is really costing you — in under two minutes.

A free, ready-to-use calculator in one Excel file, built by an HR professional with 20 years' experience. No formulas to build, no software to learn.

How it works

  • Enter three numbers: your headcount, how many people left this year, and your average salary
  • Adjust the cost assumptions if you have better figures (or use the proven defaults)
  • Instantly see your annual turnover rate, the cost of replacing one employee, and your total cost of turnover per year
  • See exactly what share of your payroll is walking out the door

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You will get a XLSX (19KB) file