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What Is Employee Turnover Really Costing You?

Most business owners underestimate turnover cost by 60%. Enter your numbers below and find out the real figure.

Typical small-business rate is 20–35%.

Why employee turnover costs more than most owners realize

When an employee leaves a Raleigh-Durham business, the cost goes far beyond their final paycheck. Recruiting, interviewing, onboarding, and the months of lost productivity while a replacement ramps up typically add up to 50–200% of the role’s annual salary, according to SHRM research. This calculator uses a conservative 100% estimate, so the figure you see is, if anything, lower than your true cost.

Use your result as a planning tool: it shows how much even a few points of turnover reduction is worth to your business each year. Most turnover traces back to fixable issues — weak onboarding, unclear expectations, inconsistent management, or a culture problem — all of which a fractional HR partner can help you address. If the number surprised you, it’s worth understanding what’s driving it.