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What is the cost of employee turnover to a corporation?


I am preparing a training session for corporations regarding turnover and need to find out the appx cost to replace employees

Hi John,

Good question regarding TO and churn rate. This is complex but I'll try to do my best not to ramble on.

The actual net cost to an employer depends on several factors.

1. The position. average salary or wage.
2. The cost to train the employee.
3. the method of recruitment and cost of recruitment.
4. The overall company moral level if the TO rate is too high per industry standard.

Find the average of these points for the industry your looking at, and you can find the approximate cost of Moderate TO.

Good Luck,
~Trey Source(s): Business owner
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