If you calculate the effect of a turnover in new recruiting costs, termination costs, lost training investments, lost opportunity when a position is vacant, and customer dissatisfaction, the figure is quite high. Industry norms typically suggest between $15,000 to $75,000 is lost for most sales positions. The cost of testing as "insurance" to reduce those turnover costs is very reasonable. If you tested 10 people a year and avoided only one more "miss-hire" you would have spent a little over $2,000 to save $15-75,000. This can be best shown by using the Turnover Cost Calculator.

Use this turnover calculator to get an idea of how much your turnover is costing you. With this information, consider our recruiting and development solutions to significantly increase your chances of selecting the right person.

Turnover Calculator (30.50 KB)