"I quit." Turnover. Attrition. These are words that'll prompt a sigh from any customer service leader, no matter the company's industry or size.
Turnover within customer service teams is a leading threat to one of the team's highest priorities: delivering consistent customer experiences. Service agent attrition is expensive, too — costing U.S. businesses some $13 billion annually. To put that in more specific terms, the Work Institute estimates turnover costs an organization roughly 30% of an employee's salary. If an average agent salary is around $50,000 a year, that's a cost of $15,000 for each and every person who quits.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.