Employee Turnover Cost Calculator

How to Justify Investment in Employee Development when Turnover Costs are Already High

Schedule a working session with PILOT to review how to prove that investing in development can save your company money

What to Expect with your working session:

1. 1-on-1 walk-through of PILOT’s cost-savings calculator via Zoom screen-sharing session.
2. Confirm turnover costs at your organization or agree on current industry standards.
3. Calculate the cost of an investment in an employee development program.
4. Determine how many employees and how much money you can save.
5. Find out what your cost savings are after your investment.
6. Receive a copy of your calculations after the session to share with stakeholders.
7. Feel confident that you have found a solution to reduce turnover and save your company money.

Why work with PILOT on employee turnover costs?

Employee turnover continues to be a growing concern across the United States with Gartner predicting an increase in turnover of nearly 20% annually compared to pre-pandemic totals.

While some turnover is expected and necessary, voluntary turnover – specifically regrettable voluntary turnover – can be extremely detrimental to a business’s bottom line. Gallup found recently that U.S. businesses are spending $1 trillion dollars on voluntary turnover.

How is this possible? Schedule a working session with our Crew to walk through calculations specific to your organization.