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Cost of Turnover

Did you know? Each percent change in RN turnover will cost the average hospital an additional $328,400.

Cost of Disengagement

C.A. Short users report an increase of 62% saying they feel valued at their job.

# of Team Members

Input the total number of team members in your organization.

X
Turnover Rate

If you know your turnover rate, enter it here. If not, consider that according to a study by National Healthcare Retention & RN Staffing Report, the average hospital turnover rate in 2022 was 25.9%.

X
Average salary

Enter your average team member salary here. Per SHRM, it costs 75% of their salary to replace them.

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Annual Cost
$126,262,500.00

This is how much turnover costs your organization every year.

# of Team Members

Input the total number of team members in your organization.

X
Disengagement Rate

If you know your disengagement rate, enter it here. If not, consider that according to Gallup, the average disengagement rate is 13%.

X
Average salary

Enter your average team member salary here. Per Gallup, disengaged team members cost 34% of their salary.

=
Annual Cost
$28,730,000.00

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