How much did turnover cost last year, and was it ever planned for?
Most HR teams don’t budget for turnover, yet the costs accumulate quickly. Recruiting spend, onboarding time, overtime coverage, productivity slowdowns, and team fatigue all add up faster than expected.
Replacing a single employee typically costs 20% to 200% of their salary. For specialized or leadership roles, that figure can climb as high as 400%. Beyond the financial impact, the most significant loss is institutional knowledge: the experience, relationships, and context that cannot be easily replaced.
Exit interviews, when supported by structured exit forms or well-designed surveys, uncover the real reasons employees leave. That insight helps HR teams and organizations identify patterns, recognize risk areas, and take steps to prevent repeat losses.
Exit interview software like ExitPro transforms exit feedback into predictive insights and real-time alerts, enabling teams to address turnover risks before they escalate into costly trends.
Curious about the real cost of turnover?
Try the free ROI Calculator:
https://exitpro.com/employee-e....xit-interview-roi-ca