Enter the average annual salary ($), the # of employees lost per year, and the average weeks to fill the position into the Turnover Cost Calculator. The calculator will evaluate and display the Turnover Cost.

## Turnover Cost Formula

The following formula is used to calculate the Turnover Cost.

**TOC = AS / 52 * #E * #W**

- Where TOC is the Turnover Cost ($)
- AS is the average annual salary ($)
- #E is the # of employees lost per year
- #W is the average weeks to fill the position

## How to Calculate Turnover Cost?

The following example problems outline how to calculate Turnover Cost.

**Example Problem #1**

- First, determine the average annual salary ($). The average annual salary ($) is given as 75,000 .
- Next, determine the # of employees lost per year. The # of employees lost per year is calculated as 10 .
- Next, determine the average weeks to fill the position. The average weeks to fill position is found to be 6.
- Finally, calculate the Turnover Cost using the formula above:

TOC = AS / 52 * #E * #W

Inserting the values from above yields:

TOC = 75,000 / 52 * 10 *6 = 86,538.46 ($)

**Example Problem #2**

The variables needed for this problem are provided below:

average annual salary ($) = 60,000

# of employees lost per year = 5

average weeks to fill position = 5

Entering these values and solving gives:

TOC = 60000 / 52 * 5 * 5 = 28,846.15** **($)