This free tool could save you at least $22,000 a month. Based on the average Australian weekly earnings (ABS Data, May 2020) and our expectation that businesses need to receive around $3 of value for every dollar of remuneration paid, having an unwanted vacancy in your team of just one month will cost you $22,280 – possibly more. Having a workforce plan that takes account of the likely changes and movements in your existing team is important. Adding in some basic succession planning allows you to manage the transition of team members to new roles and plan for new hires with minimal disruption and minimal loss of value. We hope you find this helpful