Replacing One Senior Engineer Costs $150K–$250K Over Three Years
Replacing a senior engineer can cost between $150,000 and $250,000 over three years. This figure includes both direct costs like recruiting and onboarding, as well as indirect costs such as lost productivity and team disruption. Companies often underestimate the total cost of turnover, which can exceed $300,000 when all factors are considered.
- ▪The total cost of replacing a senior professional can be 100-200% of their annual salary.
- ▪Direct costs for hiring can range from $57,000 to $125,000 per hire.
- ▪Indirect costs, including vacancy and team disruption, can add an additional $212,000 to $370,000.
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try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3930161) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } Dennis Vorobyov Posted on May 20 • Originally published at eltexsoft.com Replacing One Senior Engineer Costs $150K–$250K Over Three Years #leadership #softwareengineering #management #career SHRM's human capital benchmarking data puts the total cost of replacing a senior professional at 100–200% of annual salary. For a senior software engineer earning $180,000, that is $180,000–$360,000 in total replacement cost.
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