Turnover Cost: Software Developers, New Jersey (2025)
Verified cost of employee turnover for the selected Software Developers population in New Jersey, United States, drawn from U.S. Bureau of Labor Statistics (2025-may).
Software Developers · New Jersey, United States
Source: U.S. Bureau of Labor Statistics
Estimated from a U.S. Bureau of Labor Statistics annual mean wage of $143,800 for Software Developers 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 Software Developers 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
In New Jersey, Software Developers earn an annual mean wage of $143,800, reflecting the state's established tech ecosystem. Replacing one costs $71,900 to $287,600 when using SHRM's 50% to 200% cost-of-replacement rule applied to that wage. This is a planning estimate; real costs include recruitment, signing bonuses, onboarding, and lost output during transition.
Estimated cost of turnover: Software Developers vs regional average
| Measure | Software Developers | Regional average |
|---|---|---|
| Estimated cost of turnover | $143,800 | $97,203 |