Fazzi Associates, Inc.		243 King Street, Suite 246
	Your Partner for Positive Change.		Northampton, MA 01060
			413.584.5300
			www.fazzi.com
	Cost of Visiting Staff Turnover			Fazzi Associates ©2006
	Calculations are based on one (1) Visiting Staff Person.  Please enter dollars without cents.
	Enter Number of Weeks for Vacancy Period:
	Vacancy Costs Per Week
	Enter weekly cost.
	1. Weekly cost for per diem staff prior to start date of new hire:	$
	2. Weekly cost for FT/PT overtime staff prior to new hire:	$
	3. Weekly wages/benefits not paid due to open position:	$
	Total Vacancy Costs
	Lost Revenue
	4. Number of patients turned away due to staff person vacancy:   Enter number.
	5. Average Medicare reimbursement per lost patient:   Enter average amount.	$
	Total Lost Revenue
	Recruitment Costs  (Total Costs for this Position)
	6.  Advertisements (newspapers, radio, TV):     Enter total cost.	$
	7.  Targeted mailings:     Enter total cost.	$
	8.  Professional recruiter:     Enter total cost.	$
	9.  Open house:     Enter total cost.	$
	10. HR cost for interviews (include mgt/HR time):     Enter total cost.	$
	Total Recruitment Costs
	Hiring Costs  (Total Costs for this Position)
	11. Pre-employment fees (CORI, health exam):   Enter total cost.	$
	12. Sign-on bonus:   Enter total cost.	$
	Total Hiring Costs
	Orientation Costs  (Total Costs for this Position)
	13. Staff preceptor expense:   Enter total cost.	$
	14. In-house orientation:   Enter total cost.	$
	15. Per diem staff and/or OT until new employee is at full productivity (total cost):	$
	Total Orientation Costs
	16. Turnover Cost for One Visiting Staff Person
	17. Number of vacancies per year:  Enter annual vacancies.
	Total Annual Turnover Cost for Visiting Staff