calculate the true cost of new hire turnover

High staff turnover can seem like an unavoidable part of managing frontline workers. But have you considered the real financial impact of onboarding and training new hires who ultimately ghost your business?

Use our calculator below to reveal the true cost of staff turnover on your business.

Calculate what new hire
churn is costing you

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$39,000

Wasted annually on new hires who quit early

Review your business's new hire churn costs

Download our calculator to conduct your own analysis of your new hire turnover costs and share the results with your finance team.

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Get instant access to your free churn calculator

For google sheets please go to 'File' > 'Make a copy' in order to edit with your own business information.

Open Google Sheets

For Microsoft Office Excel, download the .xlsx below.

Download Excel .xlsx

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SAY HELLO TO BETTER BUSINESS

Get ready to shake up your candidate and employee experience and reduce your HR costs with better insights and communication tools designed specifically for the frontline workforce.

evolve beyond PERCEPTION

Rikta's unique culture tools guide you towards unbiased, data-driven insights to make informed hiring and retention decisions.

align candidates to CULTURE

Identify top talent that will thrive in your workplace and propel your business forward.

put your people first

Get to know the people in your frontline teams. Embrace their individual personalities so you can build a workplace that works for your team.

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FAQs

Find out more

What does rikta do?

Rikta uses AI to instantly assess a candidate's fit for the role, alignment with your company values, and potential for success.

How does rikta work?

Rikta uses a scientifically backed psychometric framework to evaluate key personality traits that predict job performance and cultural fit. Candidates complete a short assessment, and rikta’s AI analyses the data to provide an instant overview of how well they align with the role and your team. There are no complex reports or delays, just clear, actionable insights at your fingertips to help you hire the right fit from day one.

How long does it take for candidates to complete the rikta quiz?

It's super quick! Put aside 5 minutes to answer the quiz. Honest answers will get the best results.

How does rikta help with Employer Branding?

Whatever your Employer Brand strategy is, rikta helps you match with the people who will bring your brand and culture to life.

How does rikta help my business?

Rikta helps you build a workplace where alignment and synergy are the norm. Use data-driven insights to hire for fit and reduce churn. It's a win for you, your team, and most importantly, your customers.

Does rikta integrate with my existing HR and recruitment technology?

Yes we do. We're launching new integrations every week. Get in touch to find out how we can slot into your existing ATS or HR tech stack.