ROI Calculator - Nectar

Organization data

Current employee count?
employees

What is your average employee salary?
$60,000
$10,000 - $200,000

What is the turnover rate?
Voluntary turnover rate typically ranges from 11 to 35%
15%

What is the cost to replace an employee?
Studies by SHRM suggest at least 50% of annual salary
25%

Summary

Reduced turnover
$22,500

Productivity gains
$120,000

Reduced absenteeism
$38,400

Total ROI
$180,900

Breakdown of ROI

Return from employees retained

• Total:
  $22,500
• Employee(s) Retained:
  2
• Expected turnover:
  15 employees
• Cost to replace:
  $15,000
• Reduction in turnover:
  10%

Return from employees’ boosted productivity

• Total:
  $120,000
• Employee count:
  100 employees
• Revenue generated / employee:
  $120,000
• Minimum boost:
  1%

Return from employees’ reduced absenteeism

• Total:
  $38,400
• Employee count:
  100 employees
• Absenteeism costs:
  $3,840 / employee
• Reduction in absenteeism:
  10%

Grand Total

$180,900