Tag

Quiet Quitting

All articles tagged with #quiet quitting

business1 year ago•2 min saved

Economic Tensions Rise Amidst Leadership Challenges and Policy Debates

The "Great Stay" has replaced the "Great Resignation," with quit rates dropping below 2% for the first time since 2020. However, many employees feel stuck in their roles, with 65% reporting stagnation, particularly in tech, advertising, and consulting sectors. This dissatisfaction is fueled by a tougher job market, fewer opportunities, and less lucrative job switches, leading to increased employee disengagement and resentment. The situation is exacerbated by mass layoffs and hiring slowdowns, affecting both managers and entry-level workers.

via Fortune|

#business #career-stagnation #employee-dissatisfaction

employmenttechnology1 year ago•7 min saved

"Tech Industry's Silent Exodus: The Surge of Quiet Layoffs in 2024"

In the high-tech industry, a poor job market has led to a rise in "quiet quitting," where dissatisfied employees stay in their jobs despite wanting to leave due to a lack of alternative opportunities. The global economic crisis, Israel’s domestic political crisis, and the war in Gaza have caused funding declines, mass layoffs, and hiring freezes. This has resulted in a decrease in employee satisfaction and engagement, with many feeling demoralized and resentful. Strong leadership, trust in the organization, and compassionate communication are suggested as ways to address the challenges and retain employees during this difficult time.

via CTech|

#employee-satisfaction #employmenttechnology #high-tech-industry

labor-market2 years ago•4 min saved

The Labor Shortage: The Consequences of Paying People Not to Work

A recent study by researchers at Washington University in St. Louis suggests that the labor shortage in the post-pandemic economy is not due to a lack of workers, but rather a decrease in the number of hours worked by employed individuals. The study found that 55% of the drop in labor supply since the pandemic was due to a decline in hours worked, particularly among highly educated men in intensive jobs. This phenomenon, known as "quiet quitting," has been attributed to workers reevaluating their work-life balance and opting for fewer hours or more flexible schedules. The rise of hybrid and remote work has further facilitated this trend. While some companies are attempting to regain control over employees' time, the researchers believe that this shift towards a healthier work-life balance could be the new normal.

via Yahoo Finance|

#hours-worked #hybrid-work #labor-market

labor-market2 years ago•4 min saved

The Labor Shortage: Unemployment Benefits Impacting Workforce

A recent study by researchers at Washington University in St. Louis suggests that the labor shortage is not due to a lack of workers, but rather a decline in the number of hours worked by employed individuals. The study found that 55% of the drop in labor supply since the pandemic was due to a reduction in hours, particularly among highly educated men working intensive jobs. This phenomenon, known as "quiet quitting," has been fueled by a reevaluation of work-life balance and the flexibility of hybrid or remote work arrangements. While some corporations are attempting to regain control over employees' time, the trend of reduced working hours is seen as a positive realignment that brings American professionals more in line with their counterparts in other developed nations.

via Fortune|

#hours-worked #hybrid-work #labor-market

business2 years ago

The Rise of 'Loud Quitting': Dissatisfied Employees Make a Statement

Companies are adopting a new approach called "quiet cutting" to downsize their workforce without attracting attention or causing panic among employees. This strategy involves eliminating positions gradually over time, rather than announcing large-scale layoffs all at once. By implementing quiet cutting, companies aim to minimize disruption and maintain a positive image while reducing costs and streamlining operations.

via The Wall Street Journal|

#business #companies #job-cuts

workplace-strategy2 years ago•4 min saved

"Thriving Quietly: Building Resilience in Your Career"

"Quiet thriving" is a workplace strategy that involves making intentional and subtle shifts in your work patterns to build resilience and find joy in your job, rather than just doing the bare minimum. It's a way to take control of your work and build agency, which can lead to greater job satisfaction. Experts suggest that "quiet quitting" can disempower certain workers, particularly those from underrepresented groups who may not have the luxury of flying under the radar. "Quiet thriving" is a method of asking, "How can I really own my job instead of feeling owned by it?"

via Business Insider|

#job-satisfaction #minority-workers #quiet-quitting

finance2 years ago•4 min saved

The Struggle of Affording a Home on a Six-Figure Income: How Gen Z and Millennials are Coping.

A TikTok video by a young man, who claims to make $120K/year with his wife, has gone viral as he describes the uphill battle they face in affording a home. The man questions whether it has always been necessary to be a doctor, lawyer, architect, or engineer to afford a livable house. The video has sparked a discussion on the "quiet quitting" trend among younger generations who are fighting back against being paid the bare minimum and not being able to afford the bare minimum. The solution is to build more affordable homes with fewer regulatory barriers and for employers to offer better work-life balance and higher pay.

via Yahoo Finance|

#affordable-homes #finance #gen-z