Employee Turnover Calculator
Plug in your own numbers to see costs and savings.
Turnover costs are routinely underestimated. Depending on the industry, replacing a single hourly employee can cost anywhere from 50% to 150% of their annual wages.
Extend average employee tenure by just six months, and you can cut your turnover cost roughly in half. For a single-unit franchise, that’s a significant savings. For a multi-unit operator or franchisor with 5 or more locations, the math becomes transformational.
Run the numbers for your own operation in the interactive calculator below. Enter employee wages, manager hourly rate, weekly hours, and turnover rate — and see replacement costs and potential savings instantly.
Calculate your turnover rate
Your location
Manager time per new hire
New Hire Productivity Ramp-Up
Additional costs per new hire
Cost per replacement — one location
MSA Worldwide offers training programs to franchise systems to reduce turnover and improve the franchise bottom line. Reach out to Marla Rosner, Senior Learning & Development Consultant to start a conversation, at mrosner@msaworldwide.com.
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