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Employee Turnover Calculator

Estimate the financial impact of employee turnover. Calculate turnover rate, annual attrition cost, and total replacement expenses.

Inputs

USD
USD

✓ All inputs valid

Annual Turnover Impact

Turnover Rate: 10.0%

Period Impact: (12 months)

Exits This Period: Annualized: 25

Good

Replacement Cost per Employee

Turnover Rate

10.0%

How the report works

  • Turnover Rate = Exits ÷ Starting Headcount (for period)
  • Period Impact = Exits × Replacement Cost (actual for 12 months)
  • Annual Impact = Annualized exits × Replacement Cost
  • Rating: Good (≤10%), Medium (11-20%), High (>20%) annual rate

Employee Turnover Rate Calculator

Calculate employee turnover rate, annual attrition, and the real cost of employee exits.

Instantly calculate your employee turnover rate and understand how employee exits impact your hiring costs, workforce stability, and long-term business growth. This employee turnover calculator helps HR teams, founders, and managers measure attrition accurately and make data-driven workforce decisions.

What this Employee Turnover Calculator does

This calculator helps you:

  • Calculate employee turnover rate (%)
  • Estimate annual employee turnover cost
  • Understand attrition risk level (Good, Medium, High)
  • Measure the financial impact of employee exits
  • Benchmark workforce stability using industry-accepted thresholds

It is ideal for HR teams, startups, growing companies, and enterprises tracking retention and hiring effectiveness.

How to use the Employee Turnover Calculator

Using the calculator is simple and takes less than a minute:

  • Select your country to apply the correct currency
  • Choose the calculation period (typically 12 months)
  • Enter your starting headcount for the period
  • Enter the number of employees who exited
  • Add average salary (for cost context)
  • Enter cost per replacement

The calculator will instantly show your turnover rate, total attrition cost, and turnover health rating.

Employee Turnover Rate Formula (How it’s calculated)

Employee Turnover Rate

Turnover Rate (%) = (Employee Exits ÷ Starting Headcount) × 100

Period Turnover Cost

Period Impact = Employee Exits × Cost per Replacement

Annualized Turnover Cost

Annual Impact = Annualized Exits × Cost per Replacement

Turnover Rating Benchmarks

  • Good: Below 10%
  • Medium: 11% – 20%
  • High: Above 20%

These benchmarks are commonly used by HR teams to assess workforce stability.

What is employee turnover rate?

Employee turnover rate is the percentage of employees who leave an organization during a specific period. It includes voluntary exits (resignations) and involuntary exits (terminations or layoffs) but excludes internal transfers or temporary leaves.

Turnover rate helps organizations understand:

  • Employee satisfaction
  • Hiring quality
  • Retention effectiveness
  • Workforce stability

A consistently high turnover rate may indicate issues with hiring, management, compensation, or workplace culture.

Why employee turnover matters for businesses

High employee turnover directly affects:

  • Hiring and recruitment costs
  • Training and onboarding expenses
  • Productivity and team morale
  • Business continuity and growth

Even a “normal” turnover rate can become expensive when hiring volume increases. Measuring turnover accurately allows HR teams to reduce unnecessary attrition and improve hiring outcomes.

Example: Employee Turnover Calculation (USD)

If a company starts the year with 250 employees and 25 employees leave during the year:

Turnover Rate

Turnover Rate = (25 ÷ 250) × 100 = 10%

Estimated Annual Turnover Cost

If the average replacement cost per employee (recruiting, onboarding, training, and productivity loss) is $5,000:

Estimated Annual Turnover Cost = 25 × $5,000 = $125,000

Note: This cost is an estimate. Actual replacement costs vary by role, seniority, industry, and hiring process maturity.

What is a good employee turnover rate?

A good employee turnover rate depends on the industry, but general benchmarks are:

  • Below 10%: Healthy and stable workforce
  • 11–20%: Moderate turnover, needs monitoring
  • Above 20%: High attrition risk

Industries like retail or hospitality naturally have higher turnover, while tech, finance, and professional services usually aim for lower rates.

Frequently Asked Questions

Find answers to common questions about the Employee Turnover Rate Calculator.

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