What Does Voluntary Employee Attrition Cost You?
Use the calculator below to find out how much Attrition costs your organization and the savings you can achieve using
PKSI Advanced Workforce Analytics
User Input Data
Input your values in "User Input Data" table below.
Average Number of employees, end of year:
*
Average employee salary($):
*
Voluntary Attrition during the year(%):
*
We have used an average number. You can replace with your company or industry's attrition rate.
Reduced Attrition after using Data Analytics and AI(%):
Assuming 10% reduction. Advanced Analytics have been shown to reduce employee turnover from 10-40%.
Cost of replacing an Employee($):
Your Attrition Cost
Number of Employees that leave in a year:
Average Cost to replace an Employee($):
Total direct cost of Employee turnover($):
Number of Employees that leave after implementing AWA:
Annual Direct Saving from Reduced Turnover after implementing AWA($):
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