Retail Industry

Retail Employee Cost Calculator

Retail has the highest turnover rate (60% annually) with many part-time workers. Workers' compensation is moderate due to lifting, customer interaction, and slip-and-fall risks. Benefits packages typically minimal.

Avg. Salary

$32K

Workers' Comp

$83/mo

1.2% of payroll

Turnover Rate

25%

Annual

Cost Multiplier

1.28x

Of base salary

Calculator
$
Results

Enter salary and state, then click Calculate

Key Facts About Hiring in Retail

Highest turnover rate at 60% annually - constant recruiting and training

Many part-time workers (30-35 hours) to avoid full-time benefit requirements

Workers' comp averages $83/month - moderate risk from lifting and slips

Minimal benefits: 2% 401(k) match and 7 days PTO typical

Seasonal hiring spikes during holidays increase costs

Low wages ($32K average) but high training costs due to turnover

Common Roles

Sales Associate
Cashier
Store Manager
Assistant Manager
Stock Clerk
Customer Service Representative
Visual Merchandiser

Compliance Requirements

State break and meal period laws

Overtime regulations for non-exempt employees

Predictive scheduling laws (varies by city/state)

Security and theft prevention training

Customer data protection (PCI DSS)

ADA accessibility compliance

OSHA retail safety guidelines

Hidden Costs to Consider

Constant recruiting: $3,000-$5,000 per hire with 60% turnover

Onboarding and training: 2-4 weeks per new hire

Uniforms and name tags: $50-$150 per employee

Point-of-sale (POS) system training

Shrinkage and theft (average 1.4% of sales)

Seasonal staffing increases

Background checks for cash-handling positions

Frequently Asked Questions - Retail

Calculate Retail Costs by State

State unemployment insurance rates, minimum wage, and compliance requirements vary. See state-specific retail costs.

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