What does caregiver turnover actually cost?
Plug in your numbers. We'll show you what you're paying every year to replace caregivers who don't stay.
Replacements per year
18
Total replacement cost per year
$81,000
Industry average replacement cost: $3,500–$6,000 per caregiver (PHI, Home Care Pulse, BLS). Average annual turnover in home care: 60–80%.
How we calculate replacement cost
Replacement cost includes recruiting, screening, training, onboarding, lost productivity, and overtime paid to cover open shifts. Industry estimates put it at $3,500–$6,000 per caregiver, with higher numbers in markets where wages have risen sharply.
What's a “good” turnover number?
The home care industry runs at 60–80% annual turnover (PHI 2024 data). Anything under 40% is exceptional. Most levers — pay, scheduling, recognition, training — move retention by 5–15 percentage points each.