In the past, many workers chose to stay with their employers until retirement. What was the major reason for employee’s loyalty?

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The major reason for employees’ loyalty in the past was the promise of a secure retirement. Employers often offered retirement benefits, such as pensions and health insurance. This provided employees with incentive to continue working for the company throughout their careers. Employee loyalty was further encouraged by the fact that stability and job security were higher when employees stayed with one employer for a long time.

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