Free HR calculator
Tech Turnover Cost Calculator
When a technician quits, the visible costs are the job ad and the interviews. The real bill is the truck that runs empty for weeks and the ramp before the new hire bills at full rate. Price one departure with your numbers, then see what a year of them drains at your own counts.
Before you start
What you will need. Billed rate per hour, Technician base wage per hour, Weekly billed hours per technician, Weeks from last day to full productivity
Your rates
The empty truck
Hiring the replacement
Advanced options
Ramp and office time
A year of it
Cost of one departure
Where the cost comes from
The method
What goes into technician turnover cost
Replacing a service technician is not one bill. It is four running at once. This calculator prices each with your numbers and shows where the money concentrates, which is almost never where owners expect.
How this is calculated
Recruiting and hiring
The ads, the screening and interview hours, and the hard costs of putting a new technician on the road. Background and driving checks, the drug screen, uniforms. Visible, budgeted, and usually the smallest slice.
Paid ramp before the first billed call at rate
Ride-alongs, orientation, and supervised calls are paid at the technician wage while billing little or nothing. Published estimates put full productivity 4 to 8 weeks out even after the hire is made.
Office time on the exit and the refill
The exit conversation, the reschedule calls, payroll and records, the new-hire setup. Small per departure, and it repeats with every one.
The schedule you cannot bill
Weeks empty, times weekly billed hours, times the share you lose outright, times the margin between the billed rate and the wage. Usually the biggest line, and the one that never appears in the hiring budget.
Carry this into the decision
Most departures are decided in the first year
The Tech First-Year Retention System adds the cohort tracker, the seven scheduled check-ins with the words for each one, and the survival math by hiring source that shrinks next year's departure count, in one license.
$49. 30 days. Reply to your receipt or email support@truestephr.com for a full refund. No form or explanation is required, and you keep the files.
Related
More free tools and the notes behind them
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
This tool estimates from the figures you enter. It is general information rather than legal, tax, or accounting advice, so check the result against your own records before you rely on it.