{"id":10745,"date":"2020-10-24T00:39:43","date_gmt":"2020-10-24T00:39:43","guid":{"rendered":"https:\/\/www.dailypay.com\/?page_id=10745"},"modified":"2024-07-02T10:11:53","modified_gmt":"2024-07-02T14:11:53","slug":"employee-turnover-calculator","status":"publish","type":"page","link":"https:\/\/www.dailypay.com\/employee-turnover-calculator\/","title":{"rendered":"Employee Turnover Cost Savings Calculator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10745\" class=\"elementor elementor-10745\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6c2f8888 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6c2f8888\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-82611c9\" data-id=\"82611c9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53cbe51a elementor-widget elementor-widget-ucaddon_dp_text\" data-id=\"53cbe51a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text -->\n<style>\/* widget: DP Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-14 navy-text dp-font-secondary f-weight-600 text-left dp-mb16 mt0\" style=\"max-width: nonepx;margin: auto;\">Employee Turnover Calculator<\/p>\n<!-- end DP Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b2fbe24 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"3b2fbe24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h1 class=\"dp-font-50 navy-text dp-font-primary f-weight-300 text-left dp-mb24 mt0\" style=\"max-width: 450px;margin: inherit;\">Improve Employee Retention With \nOn-Demand Pay<\/h1>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ba01a00 elementor-widget elementor-widget-ucaddon_dp_text_wrap\" data-id=\"5ba01a00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text_wrap.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text Wrap -->\n<style>\/* widget: DP Text Wrap *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-16 navy-text dp-font-secondary f-weight-300 text-left dp-mb16 mt0\" style=\"max-width: 450px;margin: inherit;\">If you\u2019re looking to introduce a cost-effective benefit that improves <a class=\"inline-text-links\" href=\"\/resource-center\/employee-retention\/\">employee retention<\/a> through reduced employee turnover and supports employees\u2019 financial wellness, look no further than on-demand pay.\n\n<\/p>\n<p class=\"dp-font-inherit navy-text f-weight-300 text-left dp-mt24 mb0\" style=\"max-width: 450px; margin: inherit;\">Discover how the DailyPay Solution can transform your employees\u2019 lives and your business.<\/p>\n \n<!-- end DP Text Wrap -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7927bd21 elementor-widget elementor-widget-ucaddon_dp_button\" data-id=\"7927bd21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Button -->\n<style>\/* widget: DP Button *\/\n\n.dp-blue-white-btn:hover{\ncolor: var(--blue-color) !important;\n}\n\n<\/style>\n\n<div class=\"dp-btn-wrap dp-mt12 mb0 \" style=\"justify-content: flex-start;\">\n <a class=\"dp-btn-normal dp-blue-orange-btn \" href=\"#calculate-your-savings\" target=\"_blank\">Calculate Retention Improvement <i class=\"fas fa-chevron-right\" style=\"font-size: 12px;position: relative;bottom: 1px;margin-left: 1px;display:none\"><\/i><\/a>\n<\/div>\n<!-- end DP Button -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-78853ca9\" data-id=\"78853ca9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6404b126 elementor-widget elementor-widget-image\" data-id=\"6404b126\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"631\" height=\"434\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/calculator-hero.png\" class=\"attachment-full size-full wp-image-32985\" alt=\"A hotel staff member in a black uniform stands by a luggage cart, holding a blue suitcase. The background shows a hotel entrance with glass doors and decorative paneling. In today\u2019s competitive industry, tools like the employee turnover calculator help manage staffing effectively.\" srcset=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/calculator-hero.png 631w, https:\/\/www.dailypay.com\/wp-content\/uploads\/calculator-hero-500x344.png 500w\" sizes=\"(max-width: 631px) 100vw, 631px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b687b08 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b687b08\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-354d02b8\" data-id=\"354d02b8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a75f145 elementor-widget elementor-widget-html\" data-id=\"7a75f145\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"dp-column-text-img\">\n    <div class=\"dp-column-text-left\">\n        <h3 class=\"dp-font-32 margin-disable mt0 dp-mb24\">What is Employee Turnover?<\/h3>\n        <p class=\" max-400 margin-disable\">Employee turnover is the number of employees who leave your company during a given time period.<\/p>\n    <p class=\"mb0 max-400 margin-disable\">A high turnover rate can be costly for organizations, leading to excessive replacement hires and potential skills gaps.<\/p>\n    <p class='mb0 dp-mt24'>Learn how to <a class=\"inline-text-links\" href='\/resource-center\/blog\/employee-turnover\/' class=\"dp-blue-no-style-btn dp-orange-link\"> reduce employee turnover with DailyPay.<\/a><\/p>\n    <\/div>\n    <div class=\"dp-column-img-right\">\n        <div class=\"savings-calculator-icon\">\n            <img decoding=\"async\" src=\"\/wp-content\/uploads\/savings-calculator-icon.png\">\n        <\/div>\n        <p class=\"dp-font-20 text-left f-weight-600\" style=\"line-height: 32px !important;\">Voluntary vs. Involuntary Employee Turnover<\/p>\n        <p>Employees may leave a company for any number of reasons, by their own discretion or by a company's decision.<\/p>\n\n        <p class=\"mb0\">Voluntary turnover is when an employee willingly leaves a company for another company and involuntary turnover is when an employee leaves a company because of termination.<\/p>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-498d069e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"498d069e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-64fe7987\" data-id=\"64fe7987\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d7fdfd9 elementor-widget elementor-widget-image\" data-id=\"2d7fdfd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1120\" height=\"794\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/calculate-employee-turnover.png\" class=\"attachment-full size-full wp-image-32984\" alt=\"Illustration of a woman in a pink striped shirt, holding an OK gesture near her eye, with financial symbols, graphs, and an employee turnover calculator around her.\" srcset=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/calculate-employee-turnover.png 1120w, https:\/\/www.dailypay.com\/wp-content\/uploads\/calculate-employee-turnover-500x354.png 500w, https:\/\/www.dailypay.com\/wp-content\/uploads\/calculate-employee-turnover-768x544.png 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-172a651e\" data-id=\"172a651e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6dc19dce elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"6dc19dce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-left dp-mb12 mt0\" style=\"max-width: 500px;margin: inherit;\">How to Calculate Employee Turnover Rate<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-678435aa elementor-widget elementor-widget-ucaddon_dp_text\" data-id=\"678435aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text -->\n<style>\/* widget: DP Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-16 navy-text dp-font-secondary f-weight-300 text-left dp-mb12 mt0\" style=\"max-width: 450px;margin: inherit;\">To calculate your company's average monthly employee turnover rate:<\/p>\n<!-- end DP Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63c7049a elementor-widget elementor-widget-html\" data-id=\"63c7049a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"turnover-rate-list dp-mb24\">\n    <p class=\"mb0 turnover-rate-list-number\">1<\/p>\n    <p class=\"mb0 turnover-rate-list-text\" style=\"max-width: 400px\">Divide the total number of employees who leave your organization in a month by the average employee count at your company.<\/p>\n<\/div>\n<div class=\"turnover-rate-list\">\n    <p class=\"mb0 turnover-rate-list-number\">2<\/p>\n    <p class=\"mb0 turnover-rate-list-text\" style=\"max-width: 400px\">Multiply this number by 100 to determine your employee turnover rate percentage.<\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-486435b6 elementor-widget elementor-widget-image\" data-id=\"486435b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1084\" height=\"430\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/calculation-img.png\" class=\"attachment-full size-full wp-image-32990\" alt=\"A diagram showing the formula for monthly turnover percentage: Employees who leave divided by the average number of employees, multiplied by 100. Use this employee turnover calculator for accurate results.\" srcset=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/calculation-img.png 1084w, https:\/\/www.dailypay.com\/wp-content\/uploads\/calculation-img-500x198.png 500w, https:\/\/www.dailypay.com\/wp-content\/uploads\/calculation-img-768x305.png 768w\" sizes=\"(max-width: 1084px) 100vw, 1084px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-391ab1ab elementor-widget elementor-widget-html\" data-id=\"391ab1ab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t <p class='mb0 mt0'>Now that you know your company\u2019s employee turnover rate, <a class=\"inline-text-links\" href='https:\/\/www.dailypay.com\/resource-center\/blog\/employee-retention-rate\/' class=\"dp-blue-no-style-btn dp-orange-link\"> see how you stack up against industry averages<\/a>  from 2021. <\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6f3b6e1a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6f3b6e1a\" data-element_type=\"section\" data-e-type=\"section\" id=\"calculate-your-savings\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-77533b77\" data-id=\"77533b77\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3513affc elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"3513affc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-left dp-mb12 mt0\" style=\"max-width: 600px;margin: auto;\">What Results Can Your Company Expect From DailyPay?<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-274a241c elementor-widget elementor-widget-ucaddon_dp_text\" data-id=\"274a241c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text -->\n<style>\/* widget: DP Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-16 navy-text dp-font-secondary f-weight-300 text-left mb0 mt0\" style=\"max-width: nonepx;margin: auto;\">Adjust your number of employees, turnover rate, and cost per new hire to see how many fewer replacement hires you\u2019ll make and your estimated savings.<\/p>\n<!-- end DP Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e0d26e elementor-widget elementor-widget-image\" data-id=\"2e0d26e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1048\" height=\"592\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/company-expect-dp.png\" class=\"attachment-full size-full wp-image-32986\" alt=\"A hand holding a red pen checks boxes on a clipboard with a checklist, possibly an employee turnover calculator. Various bills and coins with dollar signs are scattered beside the clipboard.\" srcset=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/company-expect-dp.png 1048w, https:\/\/www.dailypay.com\/wp-content\/uploads\/company-expect-dp-500x282.png 500w, https:\/\/www.dailypay.com\/wp-content\/uploads\/company-expect-dp-768x434.png 768w\" sizes=\"(max-width: 1048px) 100vw, 1048px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1147a027\" data-id=\"1147a027\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-350a9557 elementor-widget elementor-widget-ucaddon_dp_employee_turnover_calculator\" data-id=\"350a9557\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_employee_turnover_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Employee Turnover Calculator -->\n<style>\/* widget: DP Employee Turnover Calculator *\/\n\n#dp-turnover-calculator-container {\n  padding: 32px;\n  max-width: 650px;\n}\n\n.slider-header, .slider-thumb-label, .formula-label, .formula-text {\n  font-family: var(--secondary-font) !important;\n}\n\n.slider-header {\n  font-size: 24px;\n  line-height: 32px;\n}\n\n.slider-container {\n  align-items: center;\n  display: flex;\n  flex-flow: row nowrap;\n  margin-bottom: 60px;\n}\n\n.slider {\n  -webkit-appearance: none;\n  appearance: none;\n  border-radius: 4px;\n  height: 8px;\n  outline: none;\n  width: 100%;\n}\n.slider:hover {\n  opacity: 1;\n}\n\n\/* Putting the padding in .slider-input-container results in funky behavior for moving the label *\/\n.slider-input-container-padding {\n  padding: 0px 16px;\n  width: 100%;\n}\n.slider-input-container {\n  position: relative;\n  width: 100%;\n}\n\n.slider-bound-label {\n  font-size: 16px;\n  line-height: 24px;\n}\n\n.slider::-webkit-slider-thumb {\n  -webkit-appearance: none;\n  appearance: none;\n  background: var(--primary-color);\n  border-radius: 50%;\n  cursor: pointer;\n  height: 24px;\n  margin-top: -8px;\n  width: 24px;\n}\n.slider::-moz-range-thumb {\n  background: var(--primary-color);\n  cursor: pointer;\n  height: 24px;\n  width: 24px;\n}\n.slider::-webkit-slider-runnable-track {\n  background: rgba(254, 77, 1, 0.3); \/* var(--primary-color) with alpha channel *\/\n  border-radius: 4px;;\n  height: 8px;\n}\n.slider::-webkit-progress-bar {\n  background: green;\n}\n\n\/* Move wrapper so its label text can be centered under thumb *\/\n.slider-thumb-label-container {\n  display: flex;\n  justify-content: center;\n  position: absolute;\n  top: 32px;\n  width: 100%;\n}\n.slider-thumb-label {\n  font-size: 16px;\n  font-weight: 600;\n  line-height: 24px;\n}\n\n.formula-container {\n  background: #F5F5F5;\n  border-radius: 10px;\n  margin-top: 32px;\n  padding: 32px;\n  width: 100%;\n}\n\n.formula-label .formula-text {\n  font-family: var(--secondary-font);\n}\n.formula-label {\n  color: grey;\n  font-size: 14px;\n  font-weight: 600;\n  text-transform: uppercase;\n  margin-bottom: 16px;\n}\n.formula-text {\n  font-size: 42px !important;\n  font-weight: 600;\n}\n\n.disclaimer {\n  color: grey;\n  font-size: 14px;\n  margin-top: 32px;\n  text-align: center;\n  width: 100%;\n}\n.disclaimer-powered-by {\n  align-items: center;\n  display: flex;\n  flex-flow: row nowrap;\n  justify-content: center;\n  width: 100%;\n}\n.disclaimer-logo {\n  height: 20px !important;\n}\n\n<\/style>\n\n<div id=\"dp-turnover-calculator-container\">\n  <h4 class=\"slider-header\">How many employees do you have?<\/h4>\n  <div class=\"slider-container\">\n    <span id=\"employee-count-slider-min\" class=\"slider-bound-label\"><\/span>\n    <div class=\"slider-input-container-padding\">\n      <div class=\"slider-input-container\">\n        <input\n          id=\"employee-count-slider\"\n          class=\"slider\"\n          type=\"range\"\n        \/>\n        <div id=\"employee-count-slider-thumb-label-container\" class=\"slider-thumb-label-container\">\n          <div id=\"employee-count-slider-thumb-label\" class=\"slider-thumb-label\"><\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n    <span id=\"employee-count-slider-max\" class=\"slider-bound-label\"><\/span>\n  <\/div>\n\n  <h4 class=\"slider-header\">What is your annual turnover rate?<\/h4>\n  <div class=\"slider-container\">\n    <span id=\"turnover-rate-slider-min\" class=\"slider-bound-label\"><\/span>\n    <div class=\"slider-input-container-padding\">\n      <div class=\"slider-input-container\">\n        <input\n          id=\"turnover-rate-slider\"\n          class=\"slider\"\n          type=\"range\"\n        \/>\n        <div id=\"turnover-rate-slider-thumb-label-container\" class=\"slider-thumb-label-container\">\n          <div id=\"turnover-rate-slider-thumb-label\" class=\"slider-thumb-label\"><\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n    <span id=\"turnover-rate-slider-max\" class=\"slider-bound-label\"><\/span>\n  <\/div>\n\n  <h4 class=\"slider-header\">Cost per new hire<\/h4>\n  <div class=\"slider-container\">\n    <span id=\"new-hire-cost-min\" class=\"slider-bound-label\"><\/span>\n    <div class=\"slider-input-container-padding\">\n      <div class=\"slider-input-container\">\n        <input\n          id=\"new-hire-cost-slider\"\n          class=\"slider\"\n          type=\"range\"\n        \/>\n        <div id=\"hire-cost-slider-thumb-label-container\" class=\"slider-thumb-label-container\">\n          <div id=\"hire-cost-slider-thumb-label\" class=\"slider-thumb-label\"><\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n    <span id=\"new-hire-cost-max\" class=\"slider-bound-label\"><\/span>\n  <\/div>\n\n  <br \/>\n\n  <div class=\"formula-container\">\n    <p class=\"formula-label\">fewer replacement hires<\/p>\n    <p id=\"fewer-hires-text\" class=\"formula-text\">0<\/p>\n    <br \/>\n    <p class=\"formula-label\">employer cost savings<\/p>\n    <p id=\"cost-savings-text\" class=\"formula-text\">0<\/p>\n  <\/div>\n\n  <div class=\"disclaimer\">\n    <div class=\"disclaimer-powered-by\">\n      <strong>Powered by<\/strong>&nbsp;\n      <img decoding=\"async\" class=\"disclaimer-logo\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-logo.svg\" \/>\n    <\/div>\n    <br \/>\n    <span>\n      <strong>Disclaimer:<\/strong>\n      Calculations based on assumptions and annualized averages\n    <\/span>\n  <\/div>\n<\/div>\n<!-- end DP Employee Turnover Calculator -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2fa2cf4e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2fa2cf4e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5f99a2c1\" data-id=\"5f99a2c1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-713fe113 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"713fe113\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-center dp-mb40 mt0\" style=\"max-width: nonepx;margin: auto;\">Discover More Benefits With On-Demand Pay<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fa9b4 elementor-widget elementor-widget-html\" data-id=\"4fa9b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"benefits-odp-columns\">\n    <div class=\"benefits-odp-columns-inner\">\n        <p class=\"title-number-benfits-odp\">35%<\/p>\n        <p class=\"mb0\">average turnover rate improvement for workers with earned wage access solutions across industries examined by Mercator Advisory Group.<sup>1<\/sup><\/p>\n    <\/div>\n    <hr>\n    <div class=\"benefits-odp-columns-inner\">\n        <p class=\"title-number-benfits-odp\">64%<\/p>\n        <p class=\"mb0\">say that if they were seeking a new job, they would be more attracted to an employer that offered an on-demand pay benefit than an employer that did not.<sup>1<\/sup><\/p>\n    <\/div>\n    <hr>\n    <div class=\"benefits-odp-columns-inner\">\n        <p class=\"title-number-benfits-odp\">67%<\/p>\n        <p class=\"mb0\">of users say DailyPay has helped them reduce financial stress, according to a 2022 study conducted by DailyPay.<\/p>\n    <\/div>\n<\/div>\n<div class=\"dp-mt32\">\n    <p style=\"color:#9799A0;font-size: 14px;line-height: 20px;text-align: center;margin-bottom: 0px;\">\n        <sup>1<\/sup>&nbsp;<a style=\"font-size: 14px;color:#9799A0;font-weight: 300;text-decoration: underline;margin-right: 8px\" href=\"https:\/\/www.dailypay.com\/mercator-report-2021\/\">Mercator Advisory Group for DailyPay<\/a>\n    <\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34615664 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"34615664\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3252a533\" data-id=\"3252a533\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44cf5cb5 elementor-widget elementor-widget-html\" data-id=\"44cf5cb5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div>\n <div class=\"dp-column-text-img\">\n    <div class=\"dp-column-text-left\">\n     <h2 class=\"max-500 margin-disable dp-font-40 dp-margin-top-0 dp-margin-bottom-20\">\n      The World\u2019s Top Companies Trust DailyPay\n     <\/h2>\n     <p class=\"dp-font-16 dp-margin-bottom-20\" style=\"max-width: 500px;\">Learn how our clients achieve reduced employee financial stress and turnover,leading to increased employee satisfaction.<\/p>\n     <p class='mb0'><a href='https:\/\/www.dailypay.com\/resource-center\/case-studies\/' class=\"dp-blue-no-style-btn dp-dark-orange-link dp-link-motion\">Read our case studies <i class='fas fa-chevron-right f12'><\/i><\/a><\/p>\n    <\/div>\n    <div class=\"dp-column-img-right data-exchange-img-grid-wrap\">\n      <div class=\"data-exchange-img-grid\">\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" src=\"\/wp-content\/uploads\/hp-testi-adecco.png\">\n          <\/div>\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" src=\"\/wp-content\/uploads\/kroger.png\">\n          <\/div>\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" src=\"\/wp-content\/uploads\/six-flags.png\">\n          <\/div>\n      <\/div>\n      <div class=\"data-exchange-img-grid\">\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" style=\"width: 100%;max-width: 110px\" src=\"\/wp-content\/uploads\/tractor-supply-logo.png\">\n          <\/div>\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" src=\"\/wp-content\/uploads\/macd-lp.png\">\n          <\/div>\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" style=\"width: 100%;max-width: 110px\" src=\"\/wp-content\/uploads\/parkers.png\">\n          <\/div>\n      <\/div>\n      <div class=\"data-exchange-img-grid\">\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" src=\"\/wp-content\/uploads\/dollartree-lp.png\">\n          <\/div>\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" src=\"\/wp-content\/uploads\/market-place-ukg.png\">\n          <\/div>\n          <div class=\"data-exchange-img-grid-inner\">\n              <img decoding=\"async\" style=\"width: 100%;max-width: 60px\" src=\"\/wp-content\/uploads\/dp-hp-partner-logo-7.png\">\n          <\/div>\n      <\/div>\n    <\/div>\n   <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-622c6b7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"622c6b7a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5bccee67\" data-id=\"5bccee67\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e8a3f57 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"5e8a3f57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-center dp-mb32 mt0\" style=\"max-width: nonepx;margin: auto;\">Frequently Asked Questions<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56358a6c elementor-widget elementor-widget-ucaddon_dp_faq_s\" data-id=\"56358a6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_faq_s.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP FAQ&#039;s -->\n<style>\/* widget: DP FAQ&#039;s *\/\n\n\/* video faq styles *\/\n\n.faq-answer-video-wrap {\n  width: 100%;\n  display: flex;\n  margin-top: 22px;\n  overflow: hidden;\n  justify-content: center;\n  align-items: center;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner {\n  width: 100%;\n  margin: 10px;\n  \/* max-width: max-content; *\/\n  display: flex;\n  justify-content: flex-start;\n  align-items: center;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner .video-height {\n  height: 230px;\n  width: 100%;\n  max-width: none;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner .video-height iframe {\n  display: table;\n  max-width: 410px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section p{\n  width: 100%;\n  max-width: 800px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li{\n  border-bottom: 1px solid rgb(255 255 255 \/ 8%);\n  padding: 32px 0;\n  cursor: pointer;\n}\n.dp-faq-wrap .faq-accordian.white-text ul li:first-child{\n  border-top: 1px solid rgb(255 255 255 \/ 8%);\n}\n.dp-faq-wrap .faq-accordian ul li .accordian-head{\n  padding-right: 35px !important;\n}\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head{\n  color: #ffffff;\n  padding: 0;\n  padding-right: 35px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head .acc-icon i{\n  color: #ffffff; \n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section{\n  color: #ffffff; \n  padding: 0px;\n  padding-top: 8px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p{\n  color: #ffffff;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p a{\n  color: #ffffff;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p a:hover{\n  color: #fe4d01;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head .acc-icon{\n  top: 2px;\n}\n\n\n.dp-faq-wrap .faq-accordian ul li{\n  padding: 32px 0;\n  cursor: pointer;\n}\n\n.dp-faq-wrap .faq-accordian ul li:first-child{\n  border-top: 1px solid rgb(0 0 0 \/ 8%);\n}\n\n.dp-faq-wrap .faq-accordian ul li .accordian-head{\n  padding: 0;\n  display: flex;\n}\n\n.accordion-head{\ndisplay: flex;\n font-weight: 600;\n  position: relative;\n}\n\n.accordion-head span.acc-icon{\n      position: absolute;\n    right: 0;\n}\n\n.dp-faq-wrap .faq-accordian ul li section{\n  padding: 0px;\n  padding-top: 8px;\n}\n\n.dp-faq-wrap .faq-accordian ul li .accordian-head .acc-icon{\n  top: 2px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul{\n  margin-top: 16px;\n    padding-left: 24px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul li{\n      padding: 0;\n    border: none !important;\n    font-size: 16px;\n  list-style: inside;\n      line-height: 24px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul li::marker{\n  margin-right: 5px;\n}\n\n.faq-arrow-reverse .acc-icon i, .acc-icon i{\n    transition: all ease 0.3s;\n}\n\n@media all and (max-width: 1250px) {\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height{\n    height: 190px;\n    width: 100%;\n    max-width: 420px;\n  }\n}\n\n@media all and (max-width: 990px) {\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height{\n    height: 140px;\n    width: 100%;\n    max-width: 420px;\n  }\n}\n\n@media all and (max-width: 768px) {\n  .faq-answer-video-wrap {\n    flex-direction: column;\n  }\n\n  .faq-answer-video-wrap .faq-answer-video-inner {\n    margin: 0;\n    margin-top: 15px;\n}\n\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height {\n    max-width: none;\n    height: 210px;\n  }\n}\n\n.faq-arrow-reverse .acc-icon i {\n  transform: rotate(180deg);\n  -webkit-transform: rotate(180deg);\n  -moz-transform: rotate(180deg);\n  -ms-transform: rotate(180deg);\n  -o-transform: rotate(180deg);\n}\n\n.dp-faq-wrap .faq-accordian ul li section p a:focus{\n  color: var(--blue-color) !important\n}\n\n<\/style>\n\n<div class=\"dp-faq-wrap\">\n  <div class=\"faq-accordian white\" role=\"region\" aria-labelledby=\"dp-accordian-calculator-heading\">\n    <ul class=\"accordian\" id=\"dp-accordian-calculator\">\n      <li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is employee turnover rate?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>Employee turnover is the number of employees who leave your company during a given time period.<\/p>\n        <\/section>\n      <\/li>\n      <li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          How is turnover calculated with an example?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p class=\"f16 dp-mt8\" style=\"max-width: 900px;\">You can create a simple turnover calculator in Excel to track your company\u2019s rate over time.<\/p>\n        <p class=\"f16 dp-mt16 f-weight-600\" style=\"max-width: 900px;\">Here is a simple way to create a spreadsheet that will calculate your turnover rate:<\/p>\n        <p class=\"f16 dp-mt16 f-weight-600\">1. Create a spreadsheet with the following six columns:<\/p>\n        <ul style=\"padding-left: 32px;margin: 16px 0;\">\n\t\t\t\t  <li style=\"border: none;list-style: disc;font-size: 16px;line-height: 24px;\">Month<\/li>\n\t\t\t\t  <li style=\"border: none;list-style: disc;font-size: 16px;line-height: 24px;\">Opening Balance (Number of Employees)<\/li>\n\t\t\t\t  <li style=\"border: none;list-style: disc;font-size: 16px;line-height: 24px;\">Employees IN<\/li>\n\t\t\t\t  <li style=\"border: none;list-style: disc;font-size: 16px;line-height: 24px;\">Employees OUT<\/li>\n\t\t\t\t  <li style=\"border: none;list-style: disc;font-size: 16px;line-height: 24px;\">Closing Balance (Number of Employees)<\/li>\n\t\t\t\t  <li style=\"border: none;list-style: disc;font-size: 16px;line-height: 24px;\">Turnover Percentage<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<p class=\"f16 dp-mt16\">Your rows will be the names of each month.<\/p>\n\t\t\t\t<p class=\"f16 dp-mt16 f-weight-600\">2. Enter your data<\/p>\n\t\t\t\t<p class=\"f16 dp-mt8\" style=\"max-width: 900px;\">Manually input the numbers for the \u201copening balance,\u201d \u201cemployees In,\u201d and \u201cemployees out\u201d columns.<\/p>\n\t\t\t\t<p class=\"f16 dp-mt16 f-weight-600\">3. Input formulas<\/p>\n\t\t\t\t<p class=\"f16 dp-mt8\" style=\"max-width: 900px;\">Calculate the closing balance by adding the opening balance and the employees who joined, then subtracting the number of employees who left.<\/p>\n\t\t\t\t<div class=\"dp-mt24 dp-mb24\">\n\t\t\t\t<img decoding=\"async\" style=\"width: 100%;max-width: 900px;\" alt=\"Employee Turnover Calculator\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/Employee-Turnover-Calculator.jpg\">\n\t\t\t\t<\/div>\n\t\t\t\t<p class=\"f16 dp-mt8\" style=\"max-width: 900px;\">Given that the employee turnover rate equals the number of employees who left divided by the average number of employees working during that period, the formula ends up being =(D2\/((B2+E2)\/2)). To get the number in percentage form, select the column, then press the percentage button in the toolbar. This will automatically calculate the turnover percentage.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          Is a 10% turnover rate high?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>No, compared to the average turnover rate, 10% is significantly lower.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          How do you calculate employee turnover in Excel?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>To calculate your company's average monthly employee turnover rate, simply divide the total number of employees who leave your organization in a month by the average employee count at your company.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is the average turnover rate?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>The average turnover rate in the U.S. is 3.8% in 2023.<sup>3<\/sup><\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is the difference between turnover and attrition?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>Compared to employee turnover which is usually classified as an employee leaving voluntarily or involuntarily, employee attrition is a broader term that can also apply to retirement and any other unforeseen changes.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What are the 3 types of turnover?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>The different types of turnover can include voluntary turnover, involuntary and retirement.\u00a0<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is the difference between turnover and churn?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>Employee churn and employee turnover can often refer to the same thing. Churn is the overall turnover within a company.<\/p>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What does a 100% turnover rate mean?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <p>A 100% turnover rate would mean a company replaced its entire workforce in a given time period.<\/p>\n        <\/section>\n      <\/li>\n     <\/ul>\n  <\/div>\n<\/div>\n<!-- end DP FAQ's -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f094d5 elementor-widget elementor-widget-ucaddon_dp_footnotes\" data-id=\"1f094d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_footnotes.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Footnotes -->\n<style>\/* widget: DP Footnotes *\/\n\n.footnotes-textarea{\n  margin-bottom: 24px;\n  display: none;\n  color: #676b75;\n  font-size: 12px;\n  line-height: 16px;\n  max-width: nonepx;\n}\n\n.footnotes-textarea p{\n  margin-bottom: 10px;\n  color: #676b75;\n  font-size: 12px;\n  line-height: 16px;\n}\n\n.footnotes-column-wrapper p{\n  color: #676b75;\n  line-height: 16px;\n  margin-bottom: 4px;\n  display: flex;\n}\n\n.footnotes-column-wrapper p sup{\n  margin-right: 2px;\n}\n\n.footnotes-column-wrapper p a{\n  font-weight: 400;\n  text-decoration: underline;\n  color: #676b75;\n  transition: all ease 0.3s;\n  width: 100%;\n  max-width: max-content;\n}\n\n\n.elementor-widget-theme-post-content .footnotes-column-wrapper p a{\n  font-weight: 400;\n  text-decoration: underline;\n  color: #676b75;\n  transition: all ease 0.3s;\n}\n\n.footnotes-column-wrapper p a:hover{\n  color: #494c52;\n}\n\n\n.elementor-widget-theme-post-content .footnotes-column-wrapper p a:hover{\n  color: #494c52;\n}\n\n.footnotes-copy-text{\n  display: none;\n}\n\n.footnotes-copy-text .colon-symbol{\n  margin-right: 5px;\n}\n\n.dp-footnotes-show{\n  display: block;\n}\n\n.dp-column-wrap{\n  flex-wrap: wrap;\n}\n\n.footnotes-column-wrapper{\n  width: 100%;\n  margin: 0px;\n  display: flex;\n  flex-wrap: wrap;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-1 p{\n  width: 100%;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-2{\n  gap: 0 20px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-2 p{\n  width: calc(50% - 10px);\n}\n\n.footnotes-column-wrapper.dp-column-wrap-3{\n  gap: 0 15px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-3 p{\n  width: calc(33.33% - 10px);\n}\n\n.footnotes-column-wrapper.dp-column-wrap-4{\n  gap: 0 10px;\n}\n\n.footnotes-column-wrapper.dp-column-wrap-4 p{\n  width: calc(25% - 10px);\n}\n\n@media only screen and (max-width: 768px) {\n  .footnotes-column-wrapper.dp-column-wrap-4, .footnotes-column-wrapper.dp-column-wrap-3, .footnotes-column-wrapper.dp-column-wrap-2{\n    gap: 0\n  }\n  .footnotes-column-wrapper.dp-column-wrap-4 p, .footnotes-column-wrapper.dp-column-wrap-3 p, .footnotes-column-wrapper.dp-column-wrap-2 p{\n    width: 100%;\n  }\n}\n\n<\/style>\n\n<div class=\"footnotes-textarea\">All information herein is for educational purposes only and should not be relied upon for any other use. The information herein does not constitute the rendering of professional advice by DailyPay. DailyPay does not warrant the completeness or accuracy of any information provided to you.<\/div>\n<div class=\"dp-column-wrap\">\n  <div class=\"footnotes-column-wrapper dp-column-wrap-1\" style=\"max-width: nonepx;\">\n    <p class=\"f12 \"><sup>3<\/sup> <a href=\"https:\/\/www.bls.gov\/news.release\/jolts.t16.htm\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bls.gov\/news.release\/jolts.t16.htm<\/a><span class=\"dp-footnotes-hide footnotes-copy-text\"><span class=\"colon-symbol\">:<\/span>DailyPay, 2020<\/span><\/p>\n   <\/div>\n<\/div>\n<!-- end DP Footnotes -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-70b8e48f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"70b8e48f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2e335169\" data-id=\"2e335169\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2aa615b6 elementor-widget elementor-widget-html\" data-id=\"2aa615b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"why-top-companies-choose-dp-wrap\">\n  <div class=\"why-top-companies-choose-dp-wrap-heading-cont\">\n  <h2 class=\"mb0 dp-font-32 text-center mb0\">See Why Top Companies Choose DailyPay<\/h2>\n  <div class=\"why-top-companies-choose-dp-wrap-heading-cont-btn\">\n      <a href=\"\/demo\/\" class=\"dp-btn-normal dp-blue-orange-btn\">Let's Talk<\/a>\n  <\/div>\n  <\/div>\n  <div class=\"why-top-companies-choose-dp-wrap-cont\">\n    <div class=\"why-top-companies-choose-dp-wrap-inner\">\n      <div class=\"why-top-companies-choose-dp-inner-icon-wrap\">\n        <div class=\"why-top-companies-choose-dp-inner-icon\">\n          <img decoding=\"async\" src=\"\/wp-content\/uploads\/empowering-employees.svg\">\n        <\/div>\n        <div class=\"why-top-companies-choose-dp-inner-icon-text\">\n          <p class=\"dp-font-20 mb0 mt0  text-left\"><b>Empowering for Employees<\/b><\/p>\n        <\/div>\n      <\/div>\n      <p>Greater financial control with access up to 100% of their DailyPay balance to meet the challenges of unexpected financial disruptions.<\/p>\n      <hr>\n      <p>Improved planning with visibility to spending and earned pay in one easy-to-use app.<\/p>\n      <hr>\n      <p>No need for a pre-existing checking or savings account.<\/p>\n    <\/div>\n    <div class=\"why-top-companies-choose-dp-wrap-inner\">\n      <div class=\"why-top-companies-choose-dp-inner-icon-wrap\">\n        <div class=\"why-top-companies-choose-dp-inner-icon\">\n          <img decoding=\"async\" src=\"\/wp-content\/uploads\/simple-secure-employers.svg\">\n        <\/div>\n        <div class=\"why-top-companies-choose-dp-inner-icon-text\">\n          <p class=\"dp-font-20 mb0  text-left\"><b>Simple and Secure for Employers<\/b><\/p>\n        <\/div>\n      <\/div>\n      <p>Minimal change to payroll processes \u2014 DailyPay handles it all.<\/p>\n      <hr>\n      <p>Seamless integration with HCM, payroll, banking and benefit applications.<\/p>\n      <hr>\n      <p>Enterprise-grade platform that keeps data private and the service running so it's always there when your employees need it.<\/p>\n    <\/div>\n  <\/div>\n<\/div>\n<script src=\"https:\/\/cdnjs.cloudflare.com\/ajax\/libs\/jquery\/3.2.1\/jquery.min.js\"><\/script>\n <script>\n  (function($) {\n   $.fn.ashCordian = function() {\n    var container = $(this);\n    container.find('.accordian-open').click(function() {\n     if ($(this).children('section').css('display') == 'block') {\n      container.find('section').slideUp(150);\n      $(this).removeClass('faq-arrow-reverse');\n     } else {\n      container.find('section').slideUp(150);\n      $(this).children('section').slideDown(150);\n      $(this).addClass('faq-arrow-reverse')\n      $(this).siblings().removeClass('faq-arrow-reverse')\n     }\n    });\n   };\n   $('.dp-faq-accordian').ashCordian();\n  })(jQuery);\n <\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Employee Turnover Calculator Improve Employee Retention With On-Demand Pay If you\u2019re looking to introduce a cost-effective benefit that improves employee retention through reduced employee turnover and supports employees\u2019 financial wellness, look no further than on-demand pay. Discover how the DailyPay Solution can transform your employees\u2019 lives and your business. Calculate Retention Improvement What is Employee<a class=\"read-more\" href=\"https:\/\/www.dailypay.com\/employee-turnover-calculator\/\">Read More<\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"tags":[],"class_list":["post-10745","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Employee Turnover Calculator Cost<\/title>\n<meta name=\"description\" content=\"Use this calculator to determine the annual savings to your company when you reduce the employee turnover. Input your number of employees, turnover rate and cost per new hire to see your estimated annual savings.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailypay.com\/employee-turnover-calculator\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Employee Turnover Cost Savings Calculator\" \/>\n<meta property=\"og:description\" content=\"Use this calculator to determine the annual savings to your company when you reduce the employee turnover. 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