Cost of Doing Nothing Calculator
The purpose of this CODN calculator is to provide decision-makers with insight into the potential costs of doing nothing. Please note that the tool does not include long-term disability (LTD), short-term disability (STD), or workers' compensation board (WCB) disability costs. Consequently, any figure it produces is likely understated.
Company Information
Tangible Risk Factors $0
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Intangible Risk Factors $0
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Summary
Total Risk Cost
$0
Estimated Payroll
$0
Cost of Doing Nothing (% of Payroll)
0.00%
Risk Breakdown
Footnotes
1. Burnout Risk: For this estimate, we use $5,000 per employee.
Note: According to the American Journal of Preventive Medicine, employee burnout costs employers
between $4,000 and $21,000 per employee each year.
2. Uncontested Discipline: With no grievance or debate, estimate an average time
per incident of three hours each for the employee, HR, and manager.
3. Voluntary Turnover: Estimated Replacement & Retraining costs 1.5 times salary.
4. Incivility (Rudeness): Average distraction—when employees share their experience
with others—results in a time loss of two hours per event.
5. Unproductive Supervisor Conversations: Average cost calculated at 3 hours per event.
6. Percent of Employees Involved: Average lost in employee's productivity due to
frustration and spill over effect estimate each interaction 3 hours total lost time.
7. Presenteeism: Research suggests that 27% employees self report giving about 70%
of their best effort daily due to feeling unwell.
Generated by Insight Workplace | www.insightworkplace.ca