Jumpstone's Leadership Coaching ROI Calculator
Swiftly calculate the impact of leadership coaching versus the alarming cost of high staff attrition
ROI Leadership Coaching Calculator
Jumpstone's ROI Coaching Calculator is a tool dedicated to clearly seeing the financial value and benefits of investing in leadership development versus the damaging cost of high staff attrition to the business as a whole.
Pros of investing in staff development versus cons of taking no action:
Benefits of investing in leadership coaching
Negative impact of high staff attrition
Overview of the ROI Calculator
Jumpstone's ROI Calculator is designed to provide a clear and concise understanding of the potential returns and positive impact from investing in leadership coaching. Simple to use and quick to provide financial clarity, this tool will guide you through estimating the financial and performance benefits of your coaching journey.
It compares the high costs you will incur through staff attrition and recruitment fees for replacements, versus the increased staff retention and rejuvenated leaders you will experience through investing in your team with Jumpstone's proven leadership coaching.
To get started:
- Enter the management level you and your team are at.
- Select the appropriate salary band (override as needed)
- Enter your team size
- Enter your current or anticipated annual team attrition (as a percentage)
Next Steps To Leading With Success
Leadership Coaching ROI Glossary
Total Team Annual Salary
The total team salary (number of team members * average salary)
Annual Attrition (Without Coaching)
Expected number of employees to resign during the year (number of employees * attrition % (rounded up))
Recruitment Fees (Without Coaching)
The cost in recruitment fees to replace the employees who leave. This assumes a recruitment agent fees is 25% of the annual salary of the new starter (number of departing employees * (25% * average salary)).
This is the hard cost of not investing in coaching, but also does not take into account the intangible hit such as lower productivity, poor team morale, organisational reputational damage etc. as per the table at the top of the page.
Jumpstone Leadership Pathfinder Program (6 pax x 6 months)
The cost to provide Jumpstone's Leadership Pathfinder program for 10 team members for 6 months
Employee Attrition (With Jumpstone Coaching)
The reduced number of employees departing due to investment in the team and the people. This assumes that two thirds of those who would depart without coaching will now stay (number of leavers without coaching * 1/3 (rounded up)).
Recruitment Fees Saved
The recruitment fees saved by retaining existing team members and not having to replace them ((employee attrition with no coaching - employee attrition with coaching) * (25% * average salary))
Coaching ROI
The tangible return on investment through investing in your team with Jumpstone's Leadership Pathfinder program. (recruitment fees saved - coaching fees)
