Voluntary Benefits Savings Calculator | Alfa Pride Financial

Voluntary Benefits Savings Calculator

Estimate how much your organization may save each year by reducing employee turnover with a well-designed voluntary benefits program.

Voluntary benefits explainer video thumbnail
Short explainer (90 seconds). Educational overview. Estimates vary.

How to use this calculator

A quick, high-level estimate using your current headcount, turnover rate, and benefits data.

  • Total employee count – Include full-time and part-time employees on payroll.
  • Annual employee turnover rate (%) – Your best estimate of how many employees leave in a typical year.
  • Current annual benefits spend ($) – Your total annual cost for employee benefits (health, dental, vision, retirement, etc.).
What you get: An estimate of potential annual savings from a 10% reduction in turnover, expressed in dollars and as a percentage of your existing benefits spend. This is directional, not predictive, and is meant to support strategic planning conversations.

How to read your results

Use the savings estimate as a starting point for deeper analysis.

  • If the number is large relative to your current benefits spend, there may be room to reinvest in voluntary benefits without increasing total costs.
  • Compare potential savings to what you are currently losing in unplanned turnover and recruiting.
  • Bring this output to a strategy call to review options tailored to your organization's size, workforce mix, and budget.

Voluntary Benefits Savings Calculator

Enter your organization's information below to estimate potential annual savings from reduced employee turnover.

Please enter a valid staff count.
Please enter a turnover rate between 0 and 100.
Please enter a valid benefits spend (0 or higher).
Estimated annual savings from voluntary benefits
$0
This calculator provides illustrative estimates based on general industry assumptions. Actual results will vary. This tool is for informational and educational purposes only and does not constitute financial, tax, legal, or benefits advice. Please consult your own professional advisors before making decisions.

If you want a tailored review of your inputs and options, book a strategy call.

Book Your Strategy Call

Select a time that works for you. We'll review your organization's specific needs and explore tailored voluntary benefits solutions.

Questions before scheduling?

Our team is here to help you understand how voluntary benefits can reduce turnover and support your workforce. Reach out directly or use the calendar above to schedule your strategy call.

Prefer email or phone? Email: [email protected] Phone: 833-359-5765

This page and calculator are for informational and educational purposes only and do not constitute financial, legal, tax, or benefits advice. All estimates are illustrative and based on general industry assumptions. Actual outcomes depend on your organization's unique circumstances, benefit design, workforce characteristics, and market conditions.