The True Cost of Employee Turnover

Employee turnover is expensive, and it costs more than many HR managers realize.

200

TOTAL NUMBER OF EMPLOYEES

100

NUMBER OF EMPLOYEES THAT LEAVE
(PER YEAR)

$15

AVERAGE EMPLOYEE HOURLY WAGE

SOFT COST
(Hiring, Productivity)

$578,880

HARD COST
(Wages, Training)

+$285,120

TOTAL COST
(PER YEAR)

$864,000

REFERRIA SAVINGS
(PER YEAR)

$216,000
on employee turnover based on your turnover rate of 25%

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