Up to 67% of US Employees Could Be Quiet Quitting. How They Impact Your Business?

Millions of employees are putting in minimal effort to keep their jobs. This mindset of “quiet quitting” is becoming more prevalent than ever before. It also is impacting businesses across the United States.

Source: https://teambuilding.com/blog/quiet-quitting-statistics

What Motivates Quiet Quitters?

Quiet quitters typically blame burnout for their lack of motivation to perform better. For instance, layoffs and staffing shortages often result in the remaining employees taking on more of the workload. However, most are not being compensated accordingly.

Many managers expect the same productivity levels with the increased workloads. These unreasonable expectations cause many employees to feel unappreciated.

As a result, quiet quitters are losing patience with their employers leading these employees to prioritize their personal lives over their professional responsibilities.

Why Are Many Remote Employees Quiet Quitters?

Remote employees often have an easier time not going above and beyond in their roles. Many of these employees feel less connected to and involved with their teams.

A lack of clear work hours encourages many remote employees to be quiet quitters. Not understanding how much should be accomplished each day increases stress. Ongoing exposure to elevated stress levels typically leads to burnout.

How Do Quiet Quitters Impact Companies?

Employees who do not remain engaged in their work and perform their best decrease productivity. This lowers employee morale and here’s why.

Better-performing employees often feel the need to pick up the slack caused by quiet quitters. This typically leads to frustration and resentment. These high-performing employees often end up leaving for other opportunities. As a result, turnover and hiring costs increase.

What Can Managers Do to Motivate Quiet Quitters?

Managers must understand what motivates each of their employees. Examples include verbal recognition, stretch assignments, and additional paid time off. Rewarding employees in the manner they desire promotes engagement and productivity.

Talking with each employee in one-on-one meetings, on a regular basis, helps uncover how they feel about their jobs. Managers can discuss each employee’s pain points and collaborate to find solutions. Making changes encourages employee engagement and productivity.

Providing constructive feedback encourages employees to improve their performance. Sharing what an employee did well, and specific steps to improve can promote desirable results.

Remaining empathetic during employee conversations is imperative. Many employees are facing personal challenges that are impacting their work. Providing support through increased work-life balance, access to therapy, or career advancement opportunities encourages employee engagement and productivity.

Need to Add Professionals to Your Team?

Quiet quitters put in minimal effort to meet their job requirements. This causes other employees to pick up the slack. When these better-performing employees become frustrated and resentful, many find opportunities elsewhere. As a result, turnover and hiring costs increase.

Managers should use customized tactics to help their employees stay engaged in their work. Managers also can talk privately with employees who are not performing their best to uncover the reasons, resolve the issues, and provide support.

For help adding professionals to your team, partner with Casey Accounting & Finance Resources. Find out more today.

 

How to Motivate Your Employees to Finish Strong in Q4

According to Gallup’s State of the Global Workplace: 2022 Report, approximately 65% of employees are not fully engaged in their work. This percentage likely increases during the holiday season.

Maintaining focus during Q4 can be difficult for employees. Most are thinking about their holiday plans rather than their work tasks.

Fortunately, there are steps you can take to motivate your employees to finish the year strong. These ideas can help.

Follow these guidelines to motivate your accounting and finance team to finish strong in Q4.

Revisit Goals

Review which goals were achieved during the year and which remain. Then, clarify the goals your employees should put in additional effort to attain. Include how the goals increase company success for the current year. This sets up a strong beginning to the new year.

Offer Incentives

Provide incentives to your employees who reach their goals for Q4. Examples include gift cards, bonuses, and additional paid time off in the new year. These incentives encourage your team to go above and beyond to increase their achievements for the year.

Encourage Autonomy

Let your employees work as independently as possible. This shows you trust, value, and respect them.

Since your team members are well-trained, they understand what to do and when to do it. Provide the necessary resources and be available for questions, then let your team work independently.

Recognize Achievements

Thank your employees for their contributions and results. Include the goals your team members reached, the steps taken to attain the goals, and the impact on the organization. This increases employee engagement and performance.

Lead by Example

Model the behavior you want to see from your employees. Examples include meeting milestones, communicating status updates and challenges, and asking for assistance. Your team is likely to follow your example as their leader.

Need Help Finishing Q4 Strong?

Revisiting goals lets your employees know what to work on during Q4. Offering incentives, encouraging autonomy, and recognizing achievements show you trust, value, and respect your team.

If you need temporary team members to help finish Q4 strong, talk with Casey Accounting & Finance Resources. Learn more today.

 

Give Thanks to Your Team! 5 Ways to Show Employee Appreciation

Expressing gratitude to your accounting and finance team should be an everyday occurrence. Letting them know how much you value their contributions and results promotes feelings of respect and loyalty. This results in increased engagement, productivity, and retention.

Choose among these five ways to show you are grateful for your accounting and finance team.

1.     Thank Your Team Members

Always express appreciation for the work your staff put in each day. They likely are doing their best to finish tasks and reach objectives. Knowing your team members’ efforts are noticed provides encouragement to continue to perform at top levels.

2.     Encourage Professional Growth

Opportunities for learning, coaching, and cross-training help your team reach their career goals. This may involve participation in an industry-related seminar, conference, or networking event. Or, it could include membership in a professional organization, a role on a special committee, or job shadowing for additional career opportunities. Any chance to grow professionally likely is welcome.

3.     Share Your Team Members’ Accomplishments

Let everyone in the organization know when your employees attain something big. This may include sharing their successes with the rest of your team, senior leaders, and the rest of the company. Or, it could include mentioning the accomplishments during team meetings, in the company newsletter, and on social media platforms. Your employees should appreciate the public recognition and continue to give their all going forward.

4.     Write a LinkedIn Recommendation

Share each employee’s successes by writing recommendations on their LinkedIn page. This shows you care about your team members’ career development and want to help them grow professionally. Endorsing their skills also can lead to a greater impact on your organization down the road.

5.     Give Praise for Attaining a Goal

Whether big or small, let your employees know you appreciate their hard work and dedication to accomplishing business goals. This may involve completing a project, working for a new client, or reaching a long-awaited milestone. Be sure to point out specifically what the staff member did that you admire. Give sincere praise for taking action to attain what they set out to do.

Do You Need Accounting and Finance Talent?   

Expressing appreciation for your accounting and finance team every day leads to increased engagement, productivity, and retention. This encourages your staff to work hard, stay connected, and perform their best.

When you are looking to add skilled members to your team, turn to Casey Accounting & Finance Resources. We match you with the accounting and finance professionals who can help achieve your business goals.

6 Benefits to Boost Morale During the Summer Months

With the sun shining, employees want to be outside. Given the coronavirus pandemic and social distancing requirements in 2020, it is more important than ever to get outdoors. As a manager, you need to find ways to boost morale by improving the balance between fulfilling work responsibilities and participating in summer activities.

Choose among these six ways to improve employee morale for your in-office or remote team.

Summer Hours

Implement summer hours so your team spends less time in the office. Have your team work a half-day on Friday or work longer Monday through Thursday and take off Fridays. Having an abbreviated workweek increases employee satisfaction, productivity, and morale.

Picture Sharing

Provide opportunities for your remote team to virtually share pictures of their summer activities. Engaging with others through photos and stories provides insight into their lives. Lively conversations about fun memories make everyone feel connected. This promotes team bonding, collaboration, and company culture.

Outdoor Activities

If local social distancing regulations allow, plan an outdoor activity for your team. Take them mini-golfing, camping, or to an outdoor movie. Or, set up a family-friendly barbeque at a local park or your home. Encourage everyone to sign up to bring food or a beverage to share. Include friendly competitions and prizes. Employees appreciate time to socialize with coworkers in the sunshine and fresh air.

The Perfect Summer Vacation

Ask your remote team to call a coworker and describe the perfect summer vacation. Emphasize that time and money are unlimited. When your team members finish, have them get together on a video conference to explain their coworker’s dream vacation as accurately as possible. This promotes listening and looking for common interests.

Volunteer Day

Choose a community event that your team wants to participate in. Find out which causes they care about most, then organize an activity around them. This may include picking up trash along a beach or park, walking dogs at an animal shelter, or setting up a food or clothing drive. You can arrange more than one volunteer day to accommodate as many interests as possible. Keep in mind there are plenty of ways to give back while doing so remotely.

Virtual Movie Night

Host an online movie night for your remote team. Remind everyone to have popcorn, snacks, and their beverage of choice ready. Stream the film through a video conference platform. Keep an instant messaging chat box open for team members to comment while watching. This provides an opportunity to relax, open up, and joke about things later on.

Plan Ahead for Summer Vacations

Working during the Summer instead of being outside can be challenging. Providing fun summer activities for in-office and remote teams to participate in promotes engagement, increases happiness, and boosts morale. Staff perform at higher levels and feel less stressed when they are able to have more fun with team members.

When you need to fill accounting and finance absences due to summer vacations, turn to Casey Accounting & Finance Resources. As a trusted staffing partner, we reduce your time spent on recruiting, evaluating, screening, and interviewing employees. Learn more today.