This simple calculator does not account for the time and cost required to recruit and train a new employee, your organization’s turnover rate, or the time it takes a new hire to become fully productive.
It is intended to provide a quick estimate of the cost of not having an esprit de corps culture.
The calculation is based on findings from various surveys and studies:
- 21% of employees report being highly engaged at work—meaning 79% are not highly engaged.
- Companies lose an estimated 34% of a disengaged employee’s salary through increased absenteeism, decreased productivity, and reduced profitability.
For a more detailed estimate, you can find many “cost of employee disengagement” calculators online that account for additional factors specific to your organization.