Menu
Bull Team
Your Order

Cost Calculator

  1. Home >
  2. People >
  3. Managing your team >
  4. 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

  • 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

Did you find this useful?