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Staff Cost Calculator Formula

In order to accurately calculate your staff turnover costs, much research and experience has gone into the Staff Turnover Cost Calculator.

The 204 items that are included in the calculations (see below) have been weighted and rated according to their actual impact on costs to you.  For any more information, please call Dennis on 0438 782 161.

1. Insert the Minimum Clerical Annual Salary for the Business, Department or Section under Review eg $25000

2. Insert the Maximum Clerical Annual Salary for the Business, Department or Section under Review eg $45000

3. Average Clerical Salary (calculated)

4. Average Clerical Salary On-costs (calculated)

5. Total Average Clerical Salary (calculated)

6. Insert Clerical numbers as at 12 Months Ago

7. Insert Clerical numbers as at current date

8. Average Clerical numbers (calculated)

9. Total Clerical Turnover Last 12 Months

10. Natural Clerical Turnover Last 12 Months - pregnancies, retirements, promotions, etc.

11. Disaffected Clerical Turnover Last 12 Months - non- Natural (calculated)

12. Average Time to Fill Clerical Vacancies

13. Clerical Fill-in wages costs (calculated)

14. Leaving Clerical Employees Lost Productivity (calculated)

15. Clerical Exit Interview Costs (calculated)

16. Cost of management time to reorganise for Clerical vacancies (calculated)

17. Training costs spent of departing Clerical employees

18. Lost productivity - other Clerical employees (calculated)

19. Cost of Clerical Lost Knowledge and Skills (calculated)

20. Cost of administering Clerical separations

21. Lost productivity - departing Clerical employees (calculated)

22. Clerical wages saved through vacancies (calculated)

23. Hiring costs for Clerical replacements - whether internal or external (calculated)

24. New Clerical employees training costs (calculated)

25. Management orientation time for new Clerical employees (calculated)

26. Potential costs and losses from Clerical staff turnover (calculated)

27. Cost of Natural Clerical staff turnover (calculated)

28. Cost of Disaffected Clerical staff turnover (calculated)

29. Total Cost of Clerical staff turnover (calculated)

30. % Clerical Staff Turnover (calculated)

31. Clerical staff Turnover costs per % point (calculated)

32. Clerical Total Turnover Cost per Person (calculated)

33. Clerical Replacement Cost to Average Salary Ratio (calculated)

34. Reduction in Number of Clerical Staff to decrease Staff Turnover by 1% point (calculated)

35. Insert the Minimum Technical Annual Salary for the Business, Department or Section under Review eg $25000

36. Insert the Maximum Technical Annual Salary for the Business, Department or Section under Review eg $45000

37. Average Technical Salary (calculated)

38. Average Technical Salary On-costs (calculated)

39. Total Average Technical Salary (calculated)

40. Insert Technical numbers as at 12 Months Ago

41. Insert Technical numbers as at current date

42. Average Technical numbers (calculated)

43. Total Technical Turnover Last 12 Months

44. Natural Technical Turnover Last 12 Months - pregnancies, retirements, promotions, etc.

45. Disaffected Technical Turnover Last 12 Months - non- Natural (calculated)

46. Average Time to Fill Technical Vacancies

47. Technical Fill-in wages costs (calculated)

48. Leaving Technical Employees Lost Productivity (calculated)

49. Technical Exit Interview Costs (calculated)

50. Cost of management time to reorganise for Technical vacancies (calculated)

51. Training costs spent of departing Technical employees

52. Lost productivity - other Technical employees (calculated)

53. Cost of Technical Lost Knowledge and Skills (calculated)

54. Cost of administering Technical separations

55. Lost productivity - departing Technical employees (calculated)

56. Technical wages saved through vacancies (calculated)

57. Hiring costs for Technical replacements - whether internal or external (calculated)

58. New Technical employees training costs (calculated)

59. Management orientation time for new Technical employees (calculated)

60. Potential costs and losses from Technical staff turnover (calculated)

61. Cost of Natural Technical staff turnover (calculated)

62. Cost of Disaffected Technical staff turnover (calculated)

63. Total Cost of Technical staff turnover (calculated)

64. % Technical Staff Turnover (calculated)

65. Technical staff Turnover costs per % point (calculated)

66. Technical Total Turnover Cost per Person (calculated)

67. Technical Replacement Cost to Average Salary Ratio (calculated)

68. Reduction in Number of Technical Staff to decrease Staff Turnover by 1% point (calculated)

69. Insert the Minimum Operational Annual Salary for the Business, Department or Section under Review eg $25000

70. Insert the Maximum Operational Annual Salary for the Business, Department or Section under Review eg $45000

71. Average Operational Salary (calculated)

72. Average Operational Salary On-costs (calculated)

73. Total Average Operational Salary (calculated)

74. Insert Operational numbers as at 12 Months Ago

75. Insert Operational numbers as at current date

76. Average Operational numbers (calculated)

77. Total Operational Turnover Last 12 Months

78. Natural Operational Turnover Last 12 Months - pregnancies, retirements, promotions, etc.

79. Disaffected Operational Turnover Last 12 Months - non- Natural (calculated)

80. Average Time to Fill Operational Vacancies

81. Operational Fill-in wages costs (calculated)

82. Leaving Operational Employees Lost Productivity (calculated)

83. Operational Exit Interview Costs (calculated)

84. Cost of management time to reorganise for Operational vacancies (calculated)

85. Training costs spent of departing Operational employees

86. Lost productivity - other Operational employees (calculated)

87. Cost of Operational Lost Knowledge and Skills (calculated)

88. Cost of administering Operational separations

89. Lost productivity - departing Operational employees (calculated)

90. Operational wages saved through vacancies (calculated)

91. Hiring costs for Operational replacements - whether internal or external (calculated)

92. New Operational employees training costs (calculated)

93. Management orientation time for new Operational employees (calculated)

94. Potential costs and losses from Operational staff turnover (calculated)

95. Cost of Natural Operational staff turnover (calculated)

96. Cost of Disaffected Operational staff turnover (calculated)

97. Total Cost of Operational staff turnover (calculated)

98. % Operational Staff Turnover (calculated)

99. Operational staff Turnover costs per % point (calculated)

100. Operational Total Turnover Cost per Person (calculated)

101. Operational Replacement Cost to Average Salary Ratio (calculated)

102. Reduction in Number of Operational Staff to decrease Staff Turnover by 1% point (calculated)

103. Insert the Minimum Sales Annual Salary for the Business, Department or Section under Review eg $25000

104. Insert the Maximum Sales Annual Salary for the Business, Department or Section under Review eg $45000

105. Average Sales Salary (calculated)

106. Average Sales Salary On-costs (calculated)

107. Total Average Sales Salary (calculated)

108. Insert Sales numbers as at 12 Months Ago

109. Insert Sales numbers as at current date

110. Average Sales numbers (calculated)

111. Total Sales Turnover Last 12 Months

112. Natural Sales Turnover Last 12 Months - pregnancies, retirements, promotions, etc.

113. Disaffected Sales Turnover Last 12 Months - non- Natural (calculated)

114. Average Time to Fill Sales Vacancies

115. Sales Fill-in wages costs (calculated)

116. Leaving Sales Employees Lost Productivity (calculated)

117. Sales Exit Interview Costs (calculated)

118. Cost of management time to reorganise for Sales vacancies (calculated)

119. Training costs spent of departing Sales employees

120. Lost productivity - other Sales employees (calculated)

121. Cost of Sales Lost Knowledge and Skills (calculated)

122. Cost of administering Sales separations

123. Lost productivity - departing Sales employees (calculated)

124. Sales wages saved through vacancies (calculated)

125. Hiring costs for Sales replacements - whether internal or external (calculated)

126. New Sales employees training costs (calculated)

127. Management orientation time for new Sales employees (calculated)

128. Potential costs and losses from Sales staff turnover (calculated)

129. Cost of Natural Sales staff turnover (calculated)

130. Cost of Disaffected Sales staff turnover (calculated)

131. Total Cost of Sales staff turnover (calculated)

132. % Sales Staff Turnover (calculated)

133. Sales staff Turnover costs per % point (calculated)

134. Sales Total Turnover Cost per Person (calculated)

135. Sales Replacement Cost to Average Salary Ratio (calculated)

136. Reduction in Number of Sales Staff to decrease Staff Turnover by 1% point (calculated)

137. Insert the Minimum Management Annual Salary for the Business, Department or Section under Review eg $25000

138. Insert the Maximum Management Annual Salary for the Business, Department or Section under Review eg $45000

139. Average Management Salary (calculated)

140. Average Management Salary On-costs (calculated)

141. Total Average Management Salary (calculated)

142. Insert Management numbers as at 12 Months Ago

143. Insert Management numbers as at current date

144. Average Management numbers (calculated)

145. Total Management Turnover Last 12 Months

146. Natural Management Turnover Last 12 Months - pregnancies, retirements, promotions, etc.

147. Disaffected Management Turnover Last 12 Months - non- Natural (calculated)

148. Average Time to Fill Management Vacancies

149. Management Fill-in wages costs (calculated)

150. Leaving Management Employees Lost Productivity (calculated)

151. Management Exit Interview Costs (calculated)

152. Cost of management time to reorganise for Management vacancies (calculated)

153. Training costs spent of departing Management employees

154. Lost productivity - other Management employees (calculated)

155. Cost of Management Lost Knowledge and Skills (calculated)

156. Cost of administering Management separations

157. Lost productivity - departing Management employees (calculated)

158. Management wages saved through vacancies (calculated)

159. Hiring costs for Management replacements - whether internal or external (calculated)

160. New Management employees training costs (calculated)

161. Management orientation time for new Management employees (calculated)

162. Potential costs and losses from Management staff turnover (calculated)

163. Cost of Natural Management staff turnover (calculated)

164. Cost of Disaffected Management staff turnover (calculated)

165. Total Cost of Management staff turnover (calculated)

166. % Management Staff Turnover (calculated)

167. Management staff Turnover costs per % point (calculated)

168. Management Total Turnover Cost per Person (calculated)

169. Management Replacement Cost to Average Salary Ratio (calculated)

170. Reduction in Number of Management Staff to decrease Staff Turnover by 1% point (calculated)

171. Insert the Minimum Total Annual Salary for the Business, Department or Section under Review eg $25000

172. Insert the Maximum Total Annual Salary for the Business, Department or Section under Review eg $45000

173. Average Total Salary (calculated)

174. Average Total Salary On-costs (calculated)

175. Total Average Total Salary (calculated)

176. Insert Total numbers as at 12 Months Ago

177. Insert Total numbers as at current date

178. Average Total numbers (calculated)

179. Total Total Turnover Last 12 Months

180. Natural Total Turnover Last 12 Months - pregnancies, retirements, promotions, etc.

181. Disaffected Total Turnover Last 12 Months - non- Natural (calculated)

182. Average Time to Fill Total Vacancies

183. Total Fill-in wages costs (calculated)

184. Leaving Total Employees Lost Productivity (calculated)

185. Total Exit Interview Costs (calculated)

186. Cost of Total time to reorganise for Total vacancies (calculated)

187. Training costs spent of departing Total employees

188. Lost productivity - other Total employees (calculated)

189. Cost of Total Lost Knowledge and Skills (calculated)

190. Cost of administering Total separations

191. Lost productivity - departing Total employees (calculated)

192. Total wages saved through vacancies (calculated)

193. Hiring costs for Total replacements - whether internal or external (calculated)

194. New Total employees training costs (calculated)

195. Total orientation time for new Total employees (calculated)

196. Potential costs and losses from Total staff turnover (calculated)

197. Cost of Natural Total staff turnover (calculated)

198. Cost of Disaffected Total staff turnover (calculated)

199. Total Cost of Total staff turnover (calculated)

200. % Total Staff Turnover (calculated)

201. Total staff Turnover costs per % point (calculated)

202. Total Turnover Cost per Person (calculated)

203. Total Replacement Cost to Average Salary Ratio (calculated)

204. Reduction in Number of Total Staff to decrease Staff Turnover by 1% point (calculated)

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Live Life 2 The Max!

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