According to a Gallup survey, there is a decline in employee satisfaction and engagement in the new workforce comprising GEN-Z and younger Millennials, mainly those below 35.
Analyzing this, we can understand that there has been a drastic transition from the pre-pandemic years, and younger workers are feeling let down because of the lack of opportunities available in the company.
Engagement of employees under the age of 35 dropped by six percentage points between 2019 and 2022, while a 10% drop is seen in younger workers who feel that their seniors do not care for them.
This crisis is due to the impact of two new phenomena, "quiet quitting" and "quiet firing."
These terms are interconnected to each other. Let us begin with quiet firing – this is a phenomenon that is known as neglecting your workers. It is when a manager pushes their employees out of the job because they are not given developmental opportunities or a lot of stress. Managers are ill-equipped to provide coaching and leadership support to their employees, which makes the workers disengaged and highly stressed, forcing them to leave their job and increasing the attrition rates.
In a survey, Gallup found that one in three employees globally agreed that someone has spoken to them about their performance in six months. If this ratio doubles, organizations achieve 28% lower absenteeism and 10% higher productivity.
This means that if employees receive proper feedback about their performance, they understand that somebody cares, and they are half as likely to look for other new jobs.
On the other hand, a workplace trend called quiet quitting occurred during the pandemic, where a person would bear minimum work and clock out, whereas different employees face burnout due to the increasing pressure. Most of these workers need to be more engaged in the creation. Today, most workers require extra training to collaborate and put in that time to increase interpersonal relationships.
Both these phenomena impact the organization immensely by reducing its competitive advantage and brand image. The workplace culture worsens daily, reducing the capacity to retain skills and talent. Employees must address these issues before they lose sustainability in the sector.
Solving the Crisis:
Both these phenomena are interrelated as managers first quietly fire people by not providing them with opportunities, and then they expect them to quit of their own volition. Decreases the overall morale of the workplace.
So what do you do instead:
Quiet quitting and quiet firing should be diminished from the work culture today as this brings down positivity and stability in the business sector. Utilize different employee engagement strategies to increase the morale and trust of your employees with the company.
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