How loopline can help you

See for yourself: calculate your savings

How many employees does your organization have?

How many employees leave your company on average?

Gross Calculation

Higher productivity per year 1
Potential time saved per employee +12,442hrs

Potential savings +395,280
Cost savings through employee retention
Costs of turnover 2 -406,667

Decrease in fluctuation 3 15.20%

Potential savings +53,657

Your total potential savings

Your annual subscription to Loopline
(6€ / user / month)

Our assumptions are based on studies indicating that depending on the employee's experience and responsibility, the total costs of their turnover varies between 4 monthly salaries for entry level positions, to 24 monthly salaries for executives. According to industry surveys, employee fluctuation can be decreased by about 15,2% while productivity can be increased by 5.4% with the help of performance management systems. Vacations, holidays and sickness days are not taken into consideration in the equation. See sources section.

  • Hours / working day 8
  • Days of work / week: 5
  • Weeks / months: 4
  • Days per month: 30
  • Efficiency lift by PM: 5.4%
  • Total costs for losing lower skilled employee in monthly salaries: 4
  • Total costs for losing experienced employee: 8
  • Total costs for losing specialized / team management employee: 12
  • Total costs for losing executive employee: 24
  • Gross calculation is based on average of total costs for losing employees in monthly salaries: 8.4
  • Average decrease in employee turnover through performance management: 15.20%
HR staff (e.g. exit interview)
Manager's time (e.g. exit interview)
Accrued paid time off
Temporary coverage (e.g. overtime)
Replacement Costs
Delta of new hire's compensation
Hiring inducements (e.g. signing bonus, relocation)
Hiring manager's / recruiter's time
Orientation program time / material
HR induction costs (e.g. payroll)
Training Costs
Training Costs
On-the job training (e.g. supervisor / new employee's time)
Socialization (e.g. other employee's time, travel)
Productivity loss until new employee has mastered job
Mentoring time (mentor's time)
Delays in production / customer service
Lost customers
Customers not acquired (opportunity costs)
Stiffer competition (employee moves to competition or builds own business)
Contagion (others employees leave as well)
Disruption of team based work
Loss of workforce diversity

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