Recruiter's Edge

Retention Strategies

Calculate the ROI of retention programs and generate customized stay interview guides.

Turnover Cost Inputs ($K)

Physician Annual Revenue ($K)

Recruitment Cost ($K)

Locum Coverage Cost ($K)

Vacancy Duration (months)

Annual Retention Program Budget ($K)

Lost Revenue

$900K

Total Turnover Cost

$1135K

Retention ROI

2170%

Cost Breakdown

Recruitment costs

$85K

Locum coverage

$150K

Lost revenue during vacancy

$900K

The Business Case

Every physician you retain saves approximately $1135K in turnover costs. A $50K annual retention investment delivers a 2170% return if it prevents even one departure. Programs like mentorship, wellness support, and flexible scheduling typically reduce turnover by 15-25%.