Cost of Turnover

Everyone loses when a new leader fails. Goals aren't met. Employees are disenfranchised. Opportunities are missed, and often lost forever. How much does it really cost? The "soft" costs of derailment can be incalculable. The "hard" costs aren't.

What are your direct costs to replace a failed leader? (Complete each field to calculate the hard costs of turnover for a specific position)


The numbers below represent the starting point (default) for calculating cost of turnover for an executive making $250,000 per year:

Recruitment costs
Search fee
Hiring bonus
Relocation expenses
Stock options
Six months of salary (leader ramp-up to full performance)
Base compensation
Incentive compensation
Benefits

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