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Employee Retention Statistics: Why Businesses Need to Pay Attention in 2023

Recruiting Blogs

Transportation, warehousing, and utilities: 3.9% Remember that every organization invests time and money during the onboarding of its new hires, and all of these efforts would go to waste if they end up quitting. It is estimated that, by 2030, the average cost of low employee retention will be around $430 billion annually.