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).

Estimated cost of turnover

Accountants and Auditors · Minnesota, United States

$47,000 – $188,100estimated range, 2025-may

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.

  • Computer and Information Systems Managers
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  • Waiters and Waitresses

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

Estimated cost of turnover in Minnesota, United States, 2025-may. Source: U.S. Bureau of Labor Statistics.
MeasureAccountants and AuditorsRegional average
Estimated cost of turnover$94,060$86,308