Retention Savings Calculator
Estimate retention and absence savings from supporting working carers with Two Generations’ Homeshare.
Inputs
Your company headcount
Total employees (FTE).
Advanced assumptions (optional)
% of employees who are unpaid carers
UK benchmark ≈ 14% (about 1 in 7). Adjust to your sector.
Retention uplift among carers (%)
% of carers you’d otherwise lose but retain thanks to Homeshare.
Absence days saved per carer (per year)
Average reduction in absence for each carer annually.
Cost per absence day (£)
Average cost to the business per absence day.
Replacement cost per leaver (£)
Recruitment + onboarding + lost productivity.
Estimate replacement from average salary? (Y/N)
If “Y”, effective replacement cost = 0.5 × average salary.
Average salary (£) (only if using salary)
Used only if the toggle above is “Y”.
Annual Homeshare fee (£)
Results
Estimated carers
—
Avoided leavers
—
Break-even leavers
—
Retention savings
—
Savings from avoided turnover.
Absence savings
—
Savings from fewer absence days.
Total savings
—
Retention + absence savings.
Net benefit (after fee)
—
ROI —
Savings if 1 leaver retained
—
Shareable summary
Assumptions: This calculator uses widely accepted benchmarks to illustrate potential savings. Around 14% of employees are unpaid carers (Carers UK, 2022). Average cost per absence day is taken as £237 (Chartered Institute of Personnel and Development, 2023). Replacement cost per leaver is assumed at £30,000 (Oxford Economics report on employee turnover, 2014). Figures are illustrative only and should be adjusted to reflect your organisation’s actual data.
Our retention savings calculator helps you see the fiscal benefits of partnering with two Generations.
