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.

 

Matching Up Soft Skills with Remote Workers

With some or all of your accounting & finance teams working remotely, you need employees with the right soft skills to get the tasks done. Because you cannot monitor progress when staff members work from home, hiring candidates who work independently increases your success odds. To narrow down the qualities to look for in candidates, you must know which characteristics are most valuable for remote work.  

These are five of the top skills to look for when hiring remote workers:

Communication 

Remote workers must be excellent communicators. For instance, writing emails, participating in virtual meetings, and handling phone calls are necessary to complete the work. Also, remote workers must let coworkers know where and how to reach them. Plus, they must share information and collaborate to finish projects.   

Flexibility 

Remote workers need to be flexible. For instance, not everyone’s schedules will overlap when caring for family members and juggling other responsibilities. Meetings that normally take place in the morning at the office may need to be moved to the afternoon through videoconference. This can accommodate remote workers with children who take a nap after lunch.     

Self-Management 

Remote workers have to manage themselves. For instance, they must start work on time, complete daily objectives, and finish in time to fulfill personal responsibilities. Remote workers also must prioritize work, give and receive timely information, and finish tasks on time. Plus, they need to work with little oversight, remain engaged, and reach productivity goals. 

Adaptation  

Remote workers must embrace change. For instance, rather than communicating with coworkers in person, they may use text, voice, or video chat. Also, instead of setting up meetings, most discussions are impromptu and informal. Plus, rather than focusing on work-related issues, many interactions are about personal interests.   

Accountability 

Remote workers need to hold themselves accountable. For instance, they cannot be overwhelmed by turning part of their home into an office space or managing children who are attending school virtually. Also, remote workers should report to virtual meetings on time, prepared to share what they accomplished yesterday, what they will accomplish today, and what is personally happening with them. Plus, they need to reach out for help when needed.  

 

Hire Remote Accounting & Finance Staff 

Focusing on soft skills when hiring remote workers is important. You want employees who are self-directed, work well individually and collaboratively, and complete tasks on time with little oversight. Being able to connect with remote team members daily and monitor their progress through self-reporting is important for finishing projects and reaching company objectives.  

When you need help finding remote accounting & finance workers, reach out to Casey Accounting & Finance Resources. We believe that a diverse workforce enhances the overall performance and success of an organization. Talk with us today.