Turnover Cost: Assemblers and Fabricators, New Mexico (2025)

Verified cost of employee turnover for the selected Assemblers and Fabricators population in New Mexico, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).

Estimated cost of turnover

Assemblers and Fabricators · New Mexico, United States

$21,700 – $86,900estimated range, 2025-may

Source: U.S. Bureau of Labor Statistics

Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $43,450 for Assemblers and Fabricators in New Mexico, 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 New Mexico, 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
  • Secretaries and Administrative Assistants
  • Assemblers and Fabricators
  • Waiters and Waitresses
  • Home Health and Personal Care Aides

What this means

An Assembler or Fabricator in New Mexico earns an annual mean wage of $43,450 according to May 2025 Bureau of Labor Statistics data. Replacing one costs an estimated $21,700 to $86,900, using the SHRM replacement-cost multiple of 50% to 200% of salary. Hiring speed, training time, and lost output during transition shift your actual figure.

Estimated cost of turnover: Assemblers and Fabricators vs regional average

Estimated cost of turnover in New Mexico, United States, 2025-may. Source: U.S. Bureau of Labor Statistics.
MeasureAssemblers and FabricatorsRegional average
Estimated cost of turnover$43,450$77,612

Related benchmarks

BenchmarkAccountants and Auditors, New Mexico, United StatesEstimated cost of turnover: $84,320 (2025-may).BenchmarkAutomotive Service Technicians and Mechanics, New Mexico, United StatesEstimated cost of turnover: $51,790 (2025-may).BenchmarkComputer Network Architects, New Mexico, United StatesEstimated cost of turnover: $108,650 (2025-may).BenchmarkComputer Network Support Specialists, New Mexico, United StatesEstimated cost of turnover: $73,400 (2025-may).