Every resignation costs you money. Do you know how much?
When a good person leaves, the cost doesn’t stop at a farewell card. You pay to advertise, interview and train. Other staff work overtime to cover the gap, and output drops while the new person gets up to speed. Most businesses never add this up, so turnover never gets the attention it deserves.
People Pulse turns a simple staff list into a clear people dashboard. Enter who joined, who left, when they left and why. The workbook does the rest.
What you’ll see
- Headcount month by month, with joiners and leavers, and a built-in check that the numbers add up.
- Turnover rate, year to date and annualised, with a Healthy / Watch / High rating.
- Voluntary turnover, which shows the people who chose to leave.
- Early leavers: the share of leavers who went within their first year. A high figure often points to recruitment or induction problems.
- Why people leave, ranked by reason.
- Results by department, so you can see where the problems are.
- Length of service of your current team.
- Estimated cost of turnover, based on leavers’ salaries and a replacement cost you set.
What’s included
- An Excel workbook with no macros, which works in Excel 2007 or later.
- Space for up to 500 staff, including those who have left.
- Editable departments, leaving reasons and replacement cost.
- A monthly table, a KPI dashboard and three charts.
- Clear definitions of every metric, ready for your board or management report.
Who it’s for
- HR managers and HR officers.
- Business owners and managing directors.
- Boards and management committees that want simple people metrics.
- Consultants preparing HR diagnostics.
Ready to go further? People Pulse shows you what is happening. Our HR & Payroll Audit Program and training services help you find out why, and fix it.
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