What does it cost to find out too late?
When considering the direct and indirect costs of employee turnover, Bersin by Deloitte has estimated the cost of losing an employee at roughly 1.5 to 2 times annual salary, depending on the role and circumstances.
That is why this calculator uses 1.5× annual salary as its default estimate for the cost of employee turnover.
Use the calculator to estimate the financial exposure of unexpected turnover—and compare it with the cost of seeing retention risk earlier.
Default based on the lower end of the 1.5–2× annual-salary turnover-cost estimate.
The cost of turnover is the cost of finding out late.
OpenElevator helps leaders identify retention risk before resignation makes the problem obvious. Earlier visibility gives leaders time to understand what is driving the risk and decide what action makes economic sense before the larger cost is incurred.
By quantifying retention risk earlier, OpenElevator helps organizations meaningfully reduce the operational and financial costs associated with avoidable turnover.
