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“The cost of turnover:
1: Annual wage: ________ X .25 = ___________
2. Annual wage: ______ X .30 = ___________ X .25 = __________
3. Total turnover cost per employee (add lines 1 and 2)
: __________
4. Total number of employees who left: _______________
5. Total cost of turnover (multiple lines 3 and 4): _________________
This is the formula according to Saratoga Institute and
Keppner-Tregoe
Inc. If you work it out, the cost of turning over 10 employees
who earn $35,000 a
year is $133,550 less to your bottom line. Pretty expensive!
For more details
on this report, go to www.kepner-tregoe.com."
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