Turnover & Pay Raise Calculator

Free calculator for Canadian business owners

Every business loses employees. The question is: what's cheaper — replacing them or keeping them with better pay? This calculator helps you compare the real costs of turnover against the investment in wage increases, so you can make retention decisions based on data, not guesswork.

Replacing one employee typically costs 50–200% of their annual salary in recruitment, training, and lost productivity — often $5,000–$15,000 for frontline workers.

📊 What's your annual employee turnover rate?

Select industry:
12% Industry average (12%)
Slide to adjust: 0% (no turnover) to 100% (everyone leaves)
Employees Lost Per Year
0
Annual Turnover Cost
$0

Your Calculator

💼 Turnover Cost

Cost to replace one employee who leaves

e.g., $280 for a $35/hr role
Postings, interviews, screening
Ramp-up to full productivity
Turnover Cost per Employee
$0

📈 Pay Raise Cost

What it costs to raise wages across your team for one year

This calculates the total annual cost of raising wages across all your employees. The turnover side shows cost per person — the comparison at the bottom brings both together.
Total Annual Raise Cost
$0

⚖️ The Verdict

Annual Turnover Cost
$0
Annual Raise Cost
$0
Employees Lost Per Year
0
Enter your numbers above to see your comparison and decision guidance.