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HOW TO CALCULATE THE COST OF WORK-RELATED STRESS
TOOLS
HOW TO CALCULATE THE COST OF WORK-RELATED STRESS:
TURNOVER COSTS
Use this worksheet to calculate how much turnover caused by workplace stress cost your business last year.
STEP 1: CALCULATE EMPLOYEE TURNOVER COST
(Number of employees lost in the last year: ________________) X (Average Salary/Benefits Package) X 150 percent =
* Total stress-related employee turnover cost $_____________
STEP 2: CALCULATE SUPERVISOR TURNOVER COST
(Number of supervisors and middle managers lost in the last year: ________________) X (Average Salary/Benefits Package) X 200 percent =
* Total stress-related supervisor turnover cost $_____________
STEP 3: CALCULATE SR. MANAGER TURNOVER COST
(Number of senior managers lost in the last year: ________________) X (Average Salary/Benefits Package) X 250 percent =
* Total stress-related senior manager turnover cost $_____________
STEP 4: CALCULATE TOTAL TURNOVER COST
Add up the totals from Steps 1, 2 and 3 above:
* Total turnover cost $_____________
STEP 5: CALCULATE PERCENTAGE OF TURNOVER COST DUE TO STRESS
Total turnover costs (from Step 4) X 0.4
* Total stress-related turnover cost $_____________
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[...] dangers of workplace stress and gain their support for programs to combat it. There’s also a model worksheet in Tools you can use to calculate the financial impact of stress on your [...]