Estimate your current annual employee-replacement cost and explore hypothetical retention scenarios using your own assumptions.
Example values are filled in so you can see how the calculation works. Replace them with your own estimates.
The headcount the turnover rate below applies to.
The share of employees who leave in a year.
Use your organisation’s own estimate for recruitment, onboarding, training and other replacement costs.
This is a percentage-point scenario, not a prediction. Example: 30% turnover minus 5 percentage points = 25%.
The reduction cannot be larger than your current turnover rate.
Estimated current annual replacement cost
$600,000
150 estimated departures this year at $4,000 each.
Scenario: annual cost avoided
$100,000
If turnover falls by 5 percentage points.
This is a scenario calculator, not a prediction. It assumes the turnover reduction entered by you occurs and that the other inputs remain unchanged. CandorVoice does not guarantee a reduction in turnover or the calculated savings.
Why turnover is worth modelling
Gallup’s Q12 research has found meaningful differences in employee turnover between highly engaged and less-engaged business units.
These findings describe observed differences across groups. They do not predict the improvement that any individual organisation or software product will achieve.
View the Gallup meta-analysis →CandorVoice gives employees a QR route to share problems and ideas, helps management spot what needs attention, and keeps actions and outcomes visible.