Turnover Cost: Electricians, New Jersey (2025)
Verified cost of employee turnover for the selected Electricians population in New Jersey, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Electricians · New Jersey, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $86,700 for Electricians in New Jersey, 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 New Jersey, 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
The replacement cost for New Jersey electricians is $43,400 to $173,400, based on the annual mean wage of $86,700 per May 2025 Bureau of Labor Statistics. Gallup's estimate that replacing an employee costs from one-half to two times annual salary grounds this range. Your organization's actual replacement cost will depend on hiring speed, training duration, and productivity loss while the role is unfilled.
Estimated cost of turnover: Electricians vs regional average
| Measure | Electricians | Regional average |
|---|---|---|
| Estimated cost of turnover | $86,700 | $97,203 |