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How this ROI calculator works
This calculator estimates the financial value your organization could realize by implementing Payscale's compensation management solutions over a three-year period, focusing on three key areas to drive measurable savings:
Reducing employee turnover
When organizations use data-driven compensation tools like Payscale, research shows they can reduce voluntary turnover by 0.20%. While this may seem modest, the impact adds up quickly.
Our ROI calculator estimates how many employees you'll retain and multiplies that by your replacement costs (typically 30% of an employee's salary) to show your potential savings.
Our ROI calculator estimates how many employees you'll retain and multiplies that by your replacement costs (typically 30% of an employee's salary) to show your potential savings.
Optimizing compensation spending
Payscale's verified customer outcomes demonstrate that organizations save approximately 1% on their overall compensation spend by making more informed, strategic pay decisions. This comes from two areas:
- Smarter hiring decisions: Paying market-competitive rates for new hires and backfills without overspending
- Strategic merit increases: Allocating raises more effectively based on real market data
Year-over-year projections
The calculator accounts for your organization's growth through new hires and annual merit increases, projecting savings across three years. This helps you see not just Year One impact, but the cumulative value of consistent, data-driven compensation management.
See how fresh market data and smarter compensation decisions could reduce turnover and save you money
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