Cost Calculator

This turnover calculator will provide you with an overview of the cost of turnover for your staff.

Begin by inputting the average salaries for your employee and manager in the white boxes
Complete the remaining white (‘enter figure here’) boxes
Click the blue Calculate button and the remainder of the sheet will be completed automatically.

1. Average Salary

Average salary of Farm Employees

$
Average of Manager/Owner
$

2. Productivity Costs

Loss in productivity

$

Employee's time x 19weeks
Loss in knowledge and skills

$

Manager/Owner's time x 6 weeks
Manager's time engaging new staff

$

Manager/Owner's time x 6 weeks
Cost of errors by new staff

$

Manager/Owners time x 4 weeks
Time spent on tasks not performed to stardard expectation

$

Manager/Owners time x 2 weeks

3. Training Costs

Off farm training

$
On farm training
$

Manager/Owners time x 8 weeks

4. Recruitment Costs

On farm recruitment
External agency

Agency fee
$

On farm recruitment process
$

Manager/Owners time x 1 weeks

Total Costs

Total turnover cost per employee (average salary)

$

For advice on how to manage and improve your staff retention click here

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