Cost of Turnover
Turnover impacts everything from team morale to customer relationships—and most leaders don’t even realize how deep the damage goes.
Why Tracking Turnover Is Important
Employee turnover isn’t just a hiring problem—it drains resources and lowers morale. Use the calculator to see how much employee turnover is really costing your organization. Here’s what most companies miss:
- Hidden costs add up fast: Replacing an employee costs half to four times their salary, but 80% of those costs are invisible (lost knowledge, team disruption, customer dissatisfaction).
- Culture takes a hit: High turnover creates instability, lowers morale, and weakens team collaboration. A revolving door of employees makes it hard to maintain a consistent culture.
- Retention is cheaper than replacement: Investing in retention strategies like career development or flexible work often costs less than constant rehiring.
empower hr with transformative insights
Elevate your business
When you choose HRBench, you are not just selecting a SaaS provider. You're partnering with an experienced team of HR technology professionals committed to your success. HRBench will improve your competitive advantage and enhance your decision-making to drive better business outcomes.