Real Retention is a West Michigan people development company and has been helping businesses retain their best people since 2010. As a fellow West Coast Chamber member, thank you for your inquiry into the Real Retention Cost of Voluntary Turnover Analysis. Real Retention is honored to partner with the Chamber in our combined efforts to help businesses flourish in West Michigan.

How We Calculate Our Cost of Voluntary Turnover Analysis

In order to calculate the REAL cost of voluntary turnover and lost productivity, we believe it’s necessary to factor in 3 realities:

1. The direct costs of recruiting a new employee

2. The interim reduction in labor costs of the exiting employee

3. The hidden costs of lost productivity

As the picture metaphor above illustrates, much of the real cost of turnover lies beneath the surface. But hidden ice is more dangerous than visible ice. Hidden costs are real costs, and we can help you identify your REAL cost of turnover and lost productivity by filling out the form below.

When you have finished entering the required data below, please submit the form, and a representative from Real Retention will contact you within 2 business days to go over your results with you.

You will receive a one-page document with the following figures within 2 business days:

Your average rate of turnover
Your direct cost of turnover (Cost per hire + onboarding)
Your savings from interim reduced labor
Your cost of lost productivity
Your real cost of turnover
Your projected savings if turnover is reduced by just 5%

Thank you!