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Paid Time Off Cuts Employee Turnover by 35%

3/25/2025

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Summary

Story summary

A groundbreaking study from Florida Atlantic University and Cleveland State University reveals that providing paid time off (PTO) can slash employee turnover by an impressive 35%. While it may not directly boost job satisfaction, PTO and flexible scheduling are vital for keeping talent. With voluntary turnover draining over $1 trillion from U.S. businesses each year, investing in these benefits is a smart financial move.

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Story summary

A groundbreaking study from Florida Atlantic University and Cleveland State University reveals that providing paid time off (PTO) can slash employee turnover by an impressive 35%. While it may not directly boost job satisfaction, PTO and flexible scheduling are vital for keeping talent. With voluntary turnover draining over $1 trillion from U.S. businesses each year, investing in these benefits is a smart financial move.