PETALING JAYA: Job loyalty is becoming a rare trait in non-manufacturing sectors, with some employers having to find replacements for 75% of their executives who switch jobs within a year. And, this trend is costing the companies dearly.
Malaysian Employers Federation (MEF) executive director Shamsuddin Bardan said employers had to spend an average RM25,000 to RM30,000 to replace each employee who quit.
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