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Research indicates that happy workers tend to stay at their jobs longer, resulting in cost savings for companies by reducing the need for hiring and training new employees. According to Owl Labs’ 2017 study, companies offering remote work options experience 25% less turnover, with 56% of global companies providing some form of remote work, including 40% with hybrid models and 16% fully remote setups, while 44% still require office attendance. This trend highlights the increasing importance of flexible work arrangements in employee retention strategies.
