Turnover Cost: Retail Salespersons, New Mexico (2025)
Verified cost of employee turnover for the selected Retail Salespersons population in New Mexico, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Retail Salespersons · New Mexico, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $35,500 for Retail Salespersons 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 Retail Salespersons 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.
What this means
A retail salesperson in New Mexico earns an annual mean wage of $35,500, according to the Bureau of Labor Statistics. Replacing one costs an estimated $17,800 to $71,000, based on applying SHRM's 50%-to-200% replacement-cost multiplier to that salary. Actual costs depend on hiring speed, training timeline, and the position's impact on store revenue.
Estimated cost of turnover: Retail Salespersons vs regional average
| Measure | Retail Salespersons | Regional average |
|---|---|---|
| Estimated cost of turnover | $35,500 | $77,612 |