While doing the bare minimum, many employees still looking for another job: survey
While many employers have been worried about employees turning to quiet quitting, a new study finds it may be good for employees and companies alike, to some extent.
Overall, three in 10 (30%) workers consciously participate in quiet quitting, according to a report from LendingTree, a lending marketplace.
And nearly three in five (57%) of quiet quitters claim their work-life balance has improved, found the survey of more than 2,000 American respondents.
"The last thing anyone wants is to feel taken advantage of in their job, and laying down some guardrails when it comes to your job responsibilities can help you make sure that doesn't happen," said Matt Schulz, LendingTree chief credit analyst.
"That doesn't mean that you should never put in extra hours or that you can't ever help out with things that are a little out of your job description every once in a while. It just means you're willing to speak up when you feel something is out of bounds."
Quiet quitting is when an employee is physically present at work but has made the decision to do the bare minimum amount of work to stay employed and collect a paycheck.
Better work-life balance emerged as the top pick for employees when they were asked to choose between this and better pay, according to a report from FlexJobs.
"Healthy work-life balance can be instrumental to the success and longevity of an organization, and as reaffirmed in our latest report, a top priority for today's workers and job seekers," said Sara Sutton, founder and CEO of FlexJobs, in a separate statement.
Downsides to quiet quitting
Among quiet quitters, 36% work more than the required hours and 59% meet the hourly requirements. Only 5% cut their hours of work, found LendingTree.
However, it’s not all positive for employers.
Over a third (36%) of workers are actively looking for a new role, but resigning is particularly prevalent among quiet quitters. In fact, 56% of quiet quitters say they’re searching for new roles, finds the survey.
Only 28% of non-quiet quitters say the same.
“If someone is quiet quitting, they’re clearly not satisfied with their job,” Schulz says. “If you’re not happy with your job, it’s often only a matter of time before you start mentally checking out or looking for a new one.”
More than one in three (35 per cent) of Canadian employers said turnover has increased compared to last year, according to a previous report.
Addressing quiet quitting
Here are some ways employers can put an end to quiet quitting, according to teambuilding, which runs fun virtual team building activities for remote teams:
- Keep increases in workload short term.
- Properly compensate your team.
- Make stepping up optional.
- Listen to your employees.
- Build rapport and relationships.
- Support employee wellbeing.
- Encourage breaks and sustainable growth.
