Hello Akil:
>the calculator is a very promising tool.<
Thanks, it is based on the Bliss-Gately Tool which is an Excel workbook I developed from the article by Bill Bliss, my co-author, entitled "The Cost of Turnover." We were going to give the workbook away but it took so much of my time that I decided to sell it instead. We have been told it is the best method to use to calculate the cost of replacing employees by name.
>the only thing thats got me is what does W2 in line 9 stand for? im based in india and im sure we have a similar factor but just not called W2.<
I apologize for taking so long to answer your question but I thought I had. Perhaps I did in another thread.
W2s are the forms employers in the US mail to their current and former employees that states their income and taxes paid in the preceding tax year so that the recipients can complete their tax forms. Managers are often surprised to learn how many people were on the payroll during the previous tax year. It can be an eye opener.
>also, will the tracker work just the same if i were to convert the values into rupees or do i have to make a few changes to the formulae as well?<
That is an excellent question. Please send me an email next week to give me some time to think about it.
Bob Gately
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