This question is about employee loyalty statistics.

How important is employee loyalty?

By Zippia Team - Dec. 7, 2022

Employee loyalty is very important. For instance, the average employee exit will cost employees 33% of that employee's annual salary. In most cases, that constitutes over $15,000 lost, and the company will have to continue spending on hiring.

Additionally, loyalty comes with powerful benefits, like increased productivity, reduced turnover, and higher work quality.

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