Step 2: Seperation Costs

     
 
 

 2.1 Employee(s) filling-in while the position is vacant

  Weekly salary rate:

$

Number of weeks:

 

Sub-Total: 

$

 

 

 2.2 Lost productivity of fill-in employee

Percent of weekly salary rate:

 

Number of weeks:

 

Sub-Total: 

$

 

 

 2.3 Conducting an exit interview

 Hourly salary rate of employee:

$

Hourly salary rate of interviewer:

$

Number of hours:

 

Sub-Total: 

$

 

 

 2.4 Manager's time

Hourly salary rate:

$

Number of hours:

 

Sub-Total: 

$

 

 

 2.5 Training company provided to departing employee

Cost of training:

$

Cost of licenses/certifications:

$

Sub-Total: 

$

   
 

 2.6 Lost departmental productivity

Percent of average weekly salary rate:

 

Number of weeks:

 

Number of employees:

 

Sub-Total: 

$

 
 

 2.7 Severance and benefits continuation

Weekly salary rate:

$

Four weeks on average:

$

Sub-Total: 

$

 
 

 2.8 Lost knowledge, skills and contacts

50% of Annual salary rate:

$

50%(+10% for every additonal year of service):

$

Sub-Total: 

$

 
 

 2.9 Separation administrative functions

Hourly salary rate:

$

Number of hours:

 

Sub-Total: 

$

 
 

 2.10 Minus the savings in salary for departing employee

Weekly salary rate:

$

Number of weeks:

 

 

$

 
 

Total: 

$

     



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