What is the cost of losing employees?

Key Background Information

1. How many employees are in the position in question?     
2. What is the annual turnover percentage for the position? % 
3. What is the average annual compensation for the position?  $ 
4. What is the average Tax & Benefit Cost as % of Salary? (assume 25%) % 
5. How many candidates do you interview per opening?     
6. How many candidates are assessed per opening (screening/ background etc.)?     

Relevant Training Information

7. Per new employee, what do Informational Literature and Manuals cost?  $ 
8. How long does the formal training program last (in days)?     
9. What hourly rate do you pay an instructor?  $ 
10. How many months does it take before a person in this position is fully productive?     

Other Miscellaneous Costs (If Available)

11. What did you spend last year to attract applicants (ads, agencies etc.)? $ 
12. How much (if anything) did you spend on staff travel costs to interview applicants? $ 
13. What annual cost do you incur on candidate travel costs? $ 
14. How much (if anything) do you spend on relocation expenses annually? $ 
15. How much does a post-employment medical exam cost? $ 
16. How much is the sign-on bonus for the position? $ 

Contact Information

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