Turnover Cost: Assemblers and Fabricators, Michigan (2025)
Verified cost of employee turnover for the selected Assemblers and Fabricators population in Michigan, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Assemblers and Fabricators · Michigan, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $51,360 for Assemblers and Fabricators 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 Assemblers and Fabricators 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
$51,360 is the annual mean wage for this occupation in Michigan, according to the Bureau of Labor Statistics (May 2025). The cost of replacing one of these workers falls between $25,700 and $102,700 when you apply SHRM's 50% to 200% replacement-cost rule of thumb. Your actual cost will vary with how fast you can fill the opening, how quickly the new hire learns the job, and work piling up in the interim.
Estimated cost of turnover: Assemblers and Fabricators vs regional average
| Measure | Assemblers and Fabricators | Regional average |
|---|---|---|
| Estimated cost of turnover | $51,360 | $79,512 |