In response to a large number of inquiries wondering how to precisely measure the business costs and impact of employee turnover, a spreadsheet was developed that will assist companies of all sizes determine the actual costs with their turnover.

The spreadsheet was created by Bill Bliss and Bob Gately of Gately Consulting. Dr. John Sullivan, Head of the Human Resource Management Program at San Francisco State University and a leading expert in calculating the dollar impact of Human Resources on business, also provided his insight and guidance in developing this spreadsheet.

This Excel Spreadsheet contains over 40 elements to consider when calculating the real dollar cost of employee turnover. The spreadsheet has all the formulas needed. All the user has to do is enter a few numbers unique to their own situation or company and the spreadsheet will do the rest.

Finally, there is a product that will save dozens of hours of manual calculations and countless hours of debate and discussion over cost estimates that have been too general to provide any substantive value. With this product, company CEO's, CFO's and Human Resource executives can completely understand exactly how costly employee turnover is to their company.

You will see how turnover is costing at least 150% of the employee's base salary. Consider for a moment the following example: If a company of 1,000 employees has an average base salary of $50,000 and a turnover rate of 10%, they will spend at least $7.5 million to replace those employees when such costs as training, lost productivity, new hire and recruitment costs are calculated.

The spreadsheet is available on CD or disk for $249.00 for a single user or $999.00 for a site license. For ordering information contact wbliss@blissassociates.com by e-mail or call Bill Bliss at 864-888-3100.