Are remote workers more loyal? Here’s what WFH means for turnover

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Remote workers are more loyal, and that could save businesses thousands of dollars per employee in turnover costs.

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An analysis of more than 100,000 workers on payroll and benefits provider Gusto Inc.’s platform found that being categorized as a remote worker correlated to a 13% decrease in the likelihood of quitting within the first three months.

And that means savings when the replacement cost for an employee ranges from $1,500 for low-wage workers to two times the annual salary for highly-sought technical workers.

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“We are finding in the data that remote workers tend to be stickier,” said Gusto Economist Liz Wilke, who stressed we are still in the early stages of what has been a dramatic shift in remote work.

Click here to read the full story on the Orlando Business Journal’s website.

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