Neglecting Employee Appreciation Could Cost U.S. Companies Trillions In Turnover In 2026

Employee turnover in the U.S. could cost $1.3–$5.1 trillion in 2026, with millions planning to leave — making regular recognition from managers and peers critical to retention.

A new report from the Achievers Workforce Institute (AWI) finds that embedding employee appreciation in company culture is critical to retention. Millions of workers plan to leave their jobs in 2026, making recognition a strategic priority.

High Cost of Attrition

Turnover in the U.S. could cost between $1.3 trillion and $5.1 trillion next year. 34% of employees intend to change jobs, while only 25% plan to stay with their current employer, according to Human Resources Director.

Recognition Improves Engagement

Frequent, inclusive recognition improves engagement and retention. Effective practices include:

Weekly recognition for peers, not just manager-led
Linking appreciation to company values and employee growth
Acting on feedback and auditing recognition programs

Manager Recognition Matters Most

Managers drive connection and retention. Regular recognition and 1:1s focused on growth increase engagement, while lack of recognition leads employees to leave for better managers.

Recognition Crisis Persists

Only 23% of employees feel meaningfully recognized, and just 15% receive weekly recognition. Appreciation from colleagues also boosts belonging and reduces turnover: 28% of valued employees are job hunting, compared with 71% of undervalued staff.