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TraitSet Employee Turnover Costs Worksheet
The numbers below are an example of turnover costs. Please fill in your own costs below so you can estimate your own turnover costs and to see how much TraitSet Behavioral Testing can save you.
Dollars per Employee
Seperation Costs
Exit Interviewing Time
Separation Pay
Total seperation costs
Vacancy Costs
Additional overtime
Temporary workers
Total vacancy costs
Training/Retraing Costs
Instructor costs
Employee/trainee costs
Total training costs
Replacement Costs
Advertising
Manager's interviewing time
Administrative time to sort paperwork
Total replacement costs
Lost Productivity Cost
New hire weekly wage
Total lost productivity costs x 8 weeks x 30%
Revenue Loss Cost
Lost sales
Other opportunities lost
Total revenue loss cost
Background Check
Total Turnover Cost per employee
Employees/Establishment
Number of Establishments
Total Number of Employees
Average Turnover Rate per Year
Number of Hires per Year
Total Turnover Cost to You
TraitSet™ Savings
Traitset savings at 10% improvement
Traitset savings at 25% improvement
Traitset savings at 50% improvement
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