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).
Accountants and Auditors · Michigan, United States
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.
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
| Measure | Accountants and Auditors | Regional average |
|---|---|---|
| Estimated cost of turnover | $86,990 | $79,512 |