Turnover Cost: Accountants and Auditors, Minnesota (2025)
Verified cost of employee turnover for the selected Accountants and Auditors population in Minnesota, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Accountants and Auditors · Minnesota, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $94,060 for Accountants and Auditors in Minnesota, 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 Minnesota, 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
At an annual mean wage of $94,060, Minnesota's accountants and auditors represent a significant cost if turnover strikes, according to the U.S. Bureau of Labor Statistics. Replacement costs run an estimated $47,000 to $188,100 using the Work Institute's 33% to 200% multiplier against that wage. Your real expense depends on market conditions for talent, onboarding efficiency, and when the new hire reaches full performance.
Estimated cost of turnover: Accountants and Auditors vs regional average
| Measure | Accountants and Auditors | Regional average |
|---|---|---|
| Estimated cost of turnover | $94,060 | $86,308 |