Turnover Calculators from TEKsystems

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Key background information

1. How many employees are in the position in question?

%2. What is the annual turnover percentage for the position?

$3. What is the average annual compensation for the position?

%4. What is the average Tax & Benefit Cost as % of Salary? (assume 25%)

5. How many candidates do you interview per opening?

6. How many candidates are assessed per opening (screening/ background etc.)?

Relevant training information

$7. Per new employee, what do Informational Literature and Manuals cost?

8. How long does the formal training program last (in days)?

$9. What hourly rate do you pay an instructor?

10. How many months does it take before a person in this position is fully productive?

Other miscellaneous costs (if available)

$11. What did you spend last year to attract applicants (ads, agencies etc.)?

$12. How much (if anything) did you spend on staff travel costs to interview applicants?

$13. What annual cost do you incur on candidate travel costs?

$14. How much (if anything) do you spend on relocation expenses annually?

$15. How much does a post-employment medical exam cost?

$16. How much is the sign-on bonus for the position?

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