Direct Turnover Expense
Total Number of Employees (Total or by Department)
employees
Annual Turnover %
%
Number of Annual Turnovers
employees
Average Base Salary
$
Benefits (Typical rate 25%)
%
Annual Car Allowance / Travel Expense per Employee
$
Administrative / Support / Training
Total Newspaper Ad / Web Service Fees per Year (Total or by Department)
$
Total Recruiter Fees per Year (Total of by Department)
$
Executive Hours Invested per Hire
hours
Executive Hourly Rate (Assume $75 / hour = $150K)
$
HR & Other Managers Hours Invested per Hire
hours
HR & Other Managers Hourly Rate (Assume $50 / hour = $100K)
$
Average Interview / Training Travel Expense per Hire
$
Average Training & Orientation Expense per Hire
$
Lost Sales / Opportunity Cost **Year 1Year 2Year 3
Desired Revenue per Employee
$
$
$
Actual Revenue per Employee (Assume 2nd Hire Achieves Plan)
$
$
$
Average Gross Margin %
%
%
%
** Note: For Use for all Revenue and Gross Margin generating positions
Annual Costs
Total for Direct Turnover Expense
Total for Administrative / Support / Training Expense
Total for Lost Sales / Opportunity Cost
Year 1
Year 2
Year 3
Total Cost of Turnovers
Year 1
Year 2
Year 3
Average Cost of Turnover
Year 1