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Workforce Turnover ROI Calculator

IHF Global Award Winner

Calculate the ROI on your Workforce and Cost of turnover

Workforce shortages have now become one of the top 3 business problems as a result of trends accelerated by the pandemic.
Recent research indicated that 85% of Australian businesses reported labour shortages were preventing them from operating at full capacity
whilst employee turnover costs US businesses $1 Trillion per year.

Calculate your ROI

Understand the cost of your turnover & develop your business case

The Energesse Cost of Turnover Calculator (Standard version) was designed to show businesses how much money your employee turnover is costing you by allowing you to customize to your business.

Understanding the ‘hidden cost’ of turnover is a key first step in helps you develop a business case on how to solve it for your team, department or organisation. 

  • Quantify the value of the problem with more robust data
  • It also assists C-suite, HR leaders and people managers to make better decisions about how and where to invest time and money in action plans, strategies and solutions.
  • This could include assessing value of wellbeing programs, improving talent acquisition, optimising on-boarding, expanding leadership training, and enhancing the maturity of your people analytics.

Your cost of Turnover Results

Here is an estimate of the potential value and ROI on your workforce solutions, based on the information you have provided to our Standard Calculator.

Total Annual Cost of Turnover:

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Total Cost of Absenteeism:

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Calculate your ROI

Your Cost of Turnover Results

Here is an estimate of the potential value and ROI on your workforce solutions, based on the information you have provided to our Standard Calculator.

Total Annual Cost of Turnover:

$3,101

Total Cost of Absenteeism: 

$150

Would you like have a more detailed understanding of your turnover?

Our Advanced Turnover Calculator includes more details for more accuracy that is customised to your organisation:

  1. Cost Per Employee Turnover
  2. Cost of Absenteeism per Employee
  3. Number of Jobs to Fill Per Year 
  4. Cost savings from reduced turnover 
  5. Other relevant business variables 
 

If you would like to utilise the Energesse PMme Advanced Turnover Calculator to help better manage your workforce, please contact us.  

Download a White Paper on 8 Steps to Manage Workforce Shortages,
Retention and ROI using Data

There seems to be a recurring pattern in almost every conversation with a C-suite executives & managers; almost all complain of one thing – “not enough staff” or workforce shortages.This White Paper will provide you deeper insights as well as key solutions and strategies to support you with addressing staff shortages, improving your workforce retention and ensure more sustainable workforce planning. Perfect for C-suite executives, People & Culture or HR leaders and managers, as well as department and team leaders or people managers.

What's Next?

Download a White Paper on 8 Steps to Manage Workforce Shortages, Retention and ROI using Data