We saved a company $812,689 annually by looking at 3 data points On Our Turnover Cost Calculator!
How much is employee turnover costing YOU?
Our Turnover Cost Calculator is like a ‘check engine’ light for your company – it’s a tool that will reveal turnover issues that require your attention – and shine a spotlight on hidden costs that may be eating away at your resources.
Step 1: Use the Turnover Cost Calculator
Imagine how your business could grow if you had an additional $100K, $200K, or even $600K to deploy…
It’s time to discover what employee turnover is really costing you. Find out by entering 3 data points below:
Step 2: Review Your Results & Book A Call
We’ve helped 100s of companies find and patch turnover ‘leaks.’ We’d love to do the same for you. With the 3 data points on the turnover cost calculator (and 1 hour of your time), we can get the ball rolling.
What's Next?... Prepare to Discuss Your Turnover Rate With an Expert
We guarantee that in 60 minutes, you’ll discover how your turnover rate can be improved, and a better understanding of your company’s trajectory. Our approach to retention isn’t about cutting corners but smart, sustainable change.
PS: There are no bad questions – we’ve heard them all! Feel free to bring all questions to the table during our chat. It’s complimentary – you have nothing to lose!
Get Ready To Reap the Rewards
Imagine a life where financial worries about turnover are a thing of the past. A cottage by the lake, the best education for your kids, or anything else you’d love to achieve…
Understanding employee turnover and improving your turnover rate can help make those dreams a reality!
Improve Your Turnover Rate.
Improve Your Company.
Improve Your Life.
Castle HR is Trusted By:
The Castle HR Advantage
We’re not just about numbers but about real, impactful change. Curious to learn more about how fractional HR can change the game at your business? Click here.
When it comes to turnover rates, we’ll let you in on a little secret – our best strategy for improving them begins with using your network to your advantage to build the best team. When you tap into resources you already have, you’ll see an increase in profits, productivity, morale, and retention as you grow.
Click here to peel back the curtain on one of the strategies that has empowered companies to slash costs, reinvest in growth, and accelerate their success trajectory.
Don’t let another day pass by letting turnover costs chip away at your potential. Use our calculator, book your call with Tom, and enter a brighter, more profitable future.
F.A.Q.
The ideal turnover rate varies by industry, but a 15% or lower rate is typically considered healthy, as it reflects a balance between maintaining experienced employees and integrating fresh talent.
Yes, a turnover rate that’s too low can indicate stagnation, preventing the infusion of new ideas and potentially leading to complacency within teams.
To help companies reduce their turnover rate, we look at the entire lifetime of an employee…from job postings to interviews, from onboarding to regular performance reviews to exit interviews.
We shift your focus to recognizing HOW you hire (getting the right people in the right seats), not just who you hire. This can be achieved by enhancing employee engagement, honing in on referral programs, refining your interview process, providing competitive compensation, offering professional development opportunities, fostering a positive workplace culture aligned with your company’s values, and more…
Castle HR can help save money and reduce turnover costs by optimizing your HR processes to make you a top destination for incredible talent as you scale and teach you how to retain them…thus minimizing costs and reducing turnover. Our focus is a holistic one and spans beyond HR foundations– we also consider your unique growth goals, company culture, and vision of success when implementing HR strategies.
Simply put, you will have an HR expert in your corner – working diligently to establish and implement the processes and strategies your business needs to thrive – and all they’ll need from you is an hour of your time each week.
As a ballpark figure, $3,000 – $4,000 monthly is what clients typically spend on our service.
We run on a monthly subscription basis, so you’ll never find long-term contracts here.
Whether you send your kids to private school or buy a Tesla, when peers ask how you achieved it all, you’ll point to Castle HR.
From better turnover rates to all of your future HR successes, we’re confident that you’ll be able to stay that partnering with Castle HR allowed you to build a strong HR foundation and culture aligned with your company’s values, which played a pivotal role in enhancing employee retention and overall business performance.
And the best part? You’ll be able to tell them that you did all of this without the overhead cost of making an internal hire, wasting money on a recruiter, or relying on call-centre style HR outsourcing.