Turnover Cost: Accountants and Auditors, Michigan (2025)

Verified cost of employee turnover for the selected Accountants and Auditors population in Michigan, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).

Estimated cost of turnover

Accountants and Auditors · Michigan, United States

$43,500 – $174,000estimated range, 2025-may

Source: U.S. Bureau of Labor Statistics

Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $86,990 for Accountants and Auditors in Michigan, United States (2025-may), multiplied by the 0.5×–2× cost of replacing an employee reported by SHRM and Gallup. The Bureau of Labor Statistics publishes the wage, not the cost — the range is a planning estimate, and a real figure depends on time-to-fill, ramp-up, and lost productivity.

How Accountants and Auditors compares in Michigan, United States

Annual mean wage — the input to the estimate above, compared directly rather than as a derived range. See all 33 industries.

  • Computer and Information Systems Managers
  • Web and Digital Interface Designers
  • Accountants and Auditors
  • Wholesale and Manufacturing Sales Representatives
  • Home Health and Personal Care Aides

What this means

In Michigan, replacing accountants and auditors grows expensive given their annual mean wage of $86,990 per the U.S. Bureau of Labor Statistics. Estimated replacement costs range from $43,500 to $174,000 when applying Gallup's one-half to two times salary framework. The actual cost to your firm depends on time-to-fill in your market, training requirements, and productivity ramp-up.

Estimated cost of turnover: Accountants and Auditors vs regional average

Estimated cost of turnover in Michigan, United States, 2025-may. Source: U.S. Bureau of Labor Statistics.
MeasureAccountants and AuditorsRegional average
Estimated cost of turnover$86,990$79,512