This is a simple calculator that doesn't factor in time to hire and train a new employee, employee turnover rate, or the number of days for a new hire to be productive.
It's meant to quickly demonstrate the cost of not having an Esprit de Corps business culture.
The calculations are based on the following factors from various surveys and polls:
- 21% of employees report that they are highly engaged at work (or 79% are disengaged)
- Companies lose an estimated 34% of a disengaged employee’s salary due to increased absenteeism, decreased productivity, and reduced profitability.
There are plenty of "Cost of Employee Disengagement - Calculators" on the Internet you can try to dial in to a more accurate cost of having disengaged employees working for you.
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