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Cost of Employee Turnover Calculator

Enter your company's metrics to see how much employee turnover is costing you each year.

Employees on your team?
Employees who leave each year?
Average annual salary?
% of salary to find talent?
Days to fill a position?
Days to ramp up a new hire?
Training cost per new hire?
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Annual cost of employee turnover:
Current turnover rate:
Estimated turnover rate with Matter:
Estimated savings with Matter:
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Employee Turnover Facts

50% of companies admit to having difficulty retaining employees, and 70% have trouble replacing those who leave.
46k is average cost to replace an employee. The cost to replace a highly-trained employee can exceed 325% of their annual salary.
Highly engaged employees are 40% less likely to be looking for a job compared to actively disengaged employees.
Source: Forbes
That’s how much Matter could save you on employee turnover every year
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Save your people and money with Matter

Connect with an expert at Matter to see how employee recognition, rewards, and surveys can reduce turnover.
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