SBI Turnover Cost Calculator
Calculating Total Turnover Cost
This calculator helps growth leaders measure two things which can impact revenue growth: 1) identify and calculate total cost associated with rep turnover, and 2) use this data to develop the optimal hiring model for their business. Conventional wisdom suggests that the cost of replacing a sales rep is three to five times their on-target earnings (OTE).
Key outputs include:
- Identification of the total cost/expense of a departed rep for your unique company and situation.
- Comparison of the expenses associated with backfilling via external hire vs internal hire, including the cost of downtime of the position.
- Target timelines for backfilling and ramping new sellers when hiring externally, given the hiring expenses incurred.
Can You Afford 25% to 60% Attrition? Calculate the Risk
External Hire Calculator
Step 1: Fill Out The External Hire Calculator (all fields are required):
Expenses Saved
Lost Revenue
Internal Hire Calculator
Step 2: Fill Out The Internal Hire Calculator (all fields are required):
Expenses Saved
Expenses Occured on New Sales Rep
Lost Revenue
Fill all the required fields.
Step 3: Click here to see results
Calculate for results
External Hire ROI Calculator
Step 1: Fill Out The External Hire Calculator (all fields are required):
Internal Hire ROI Calculator
Step 2: Fill Out The Internal Hire Calculator (all fields are required):
Fill all the required fields.
Step 3: Click here to see results
External Hire ROI Results
Expenses Saved
Lost Revenue
Internal Hire ROI Results
Expenses Saved
Expenses Occured on New Sales Rep
Lost Revenue
Calculate for results
Actions you can take to retain top-performers
In our free resource, Finding and Retaining Talent In 2022, the SBI Growth team shares their knowledge on how to fight, pivot and conquer The Great Resignation with a new view on retaining and training (in less time). We also outline the value of a Revenue Operations Team, and why the Chief Commercial Officer is vital for growth.
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