Appendix A:Tools and Templates
Turnover Costs Worksheet
| Source | Expense |
|
1. Recruiting costs/advertising | $ |
|
2. Time to screen applicants. | $ |
|
3. Time to interview applicants. | $ |
|
4. Time and resources to train new person. | $ |
|
5. Loss of productivity to learning curve. | $ |
|
6. Loss of productivity of others who “pick up the slack” in the transition. | $ |
|
7. Moving costs to relocate new hire | $ |
|
8. | $ |
|
9. | $ |
| 10. | $ |
| 11. | $ |
| 12. | $ |
| Total Cost for One Employee Turnover = | $ |
Costs – Improperly Placed Employees
Hiring System Action Steps
Analyze Recruitment Methods ...
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