Turnover Cost: Electricians, Michigan (2025)
Verified cost of employee turnover for the selected Electricians population in Michigan, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Electricians · Michigan, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $73,840 for Electricians 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 Electricians 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
Per the Bureau of Labor Statistics, Michigan electricians earn an annual mean wage of $73,840 (May 2025). The replacement cost is estimated at $36,900 to $147,700 by applying SHRM's and Gallup's 50–200% replacement multiplier to that wage. This range covers the span from quick backfills to extended searches in slower labor markets, but does not factor in customer churn during service gaps. Your real cost depends on recruiting speed, the ramp-up timeline for your typical projects, and whether the departure happens during peak or slow season.
Estimated cost of turnover: Electricians vs regional average
| Measure | Electricians | Regional average |
|---|---|---|
| Estimated cost of turnover | $73,840 | $79,512 |