A Key to U.S. Competitiveness: Work-Life Balance

But there are some very real costs associated with inflexible workplaces: distraction, disengagement, and attrition of valuable employees, which leads to reduced productivity. The American Management Association reports that the estimated cost of replacing employees ranges from 25% of their salary to five times their salary — and that doesn’t include the financial impact of lost productivity, or the impact on morale.

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