Forum Discussion
Dhagz2340
Apr 10, 2022Copper Contributor
Convert to Excel formula
Good day. Asking for help on how to transfer this to excel formula the Employee Turnover . Please see attached file. thanks and advance
Riny_van_Eekelen
Apr 10, 2022Platinum Contributor
Dhagz2340 Not sure that 10 employees, 50% resignations and $5/hr is enough to calculate the "annual cost of employee turnover". I assume that the calculator includes some assumptions on cost of recruitment, lost productivity etc.
What answers do you get when you move the slider step by step from 100% to 10%? And what happens when you leave the slider at 50% but use hourly wages from, for example, $1 to $20. Perhaps, then you can work out the underlying formula.