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Employee Replacement Cost Calculator
When an employee decides to leave your business, it can be draining both emotionally and financially.
But how much does it actually cost in hard numbers?
Whether you are trying to work out the costs for your own business, or you are looking for some supporting data to support an investment in activities to improve your employee engagement, change recruitment processes etc., this employee replacement cost calculator (aka Employee Turnover Cost Calculator) is here to help.
The calculator is built in Excel and has been designed to be easy to use – just enter the required data and it will calculate the figures for you.
It includes both direct and indirect costs such as:
- Training costs
- Lost productivity
- Admin support
- Team Leader/Manager support and lots more!
The Excel sheet is unlocked to enable you to edit/add/delete data as needed to customise it exactly as you need.
Want to learn more about Employee Turnover, including a definition, common FAQs, leading causes and industry data for turnover in contact centres in Australia?
Learn more about Employee Turnover >
P.S You may also be interested in the Employee Turnover Rate Calculator or Employee Attrition Rate Calculator
The Employee Replacement Cost Calculator is only available to download for ACXPA individual Members. Learn more >
Filename | Employee-Replacement-Costs-Calculator-1.xlsx |
Filesize | 60.30 KB |
Version | 2.0 |
Date added | September 23, 2023 |
Category | Contact Centre Management, General Business |