ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Employees Are Done With Hustle Culture; Quiet Quitting Becomes a Major Concern for Managers in 2024

According to a 2023 survey by Resume Builder,  98% of managers disapprove of employees  quiet quitting.
PUBLISHED FEB 21, 2024
Cover Image Source: Employees working (representative image) | Fauxels | Pexels
Cover Image Source: Employees working (representative image) | Fauxels | Pexels

With employee burnout rates skyrocketing, it's a good idea to re-evaluate the impact of hustle culture. It's been quite some time that bosses and companies have been looking at ways in which they can reduce the workload on an employee. However, some companies and bosses feel that a reduction in hustle can lead to a decline in profits. Recently Wayfair CEO Niraj Shah got backlash for sending the company's employees a memo that condemned laziness and even asked workers to not "shy away" from long work hours. The memo also mentioned how the company wants the employees to blend their personal and professional lives.

 Boss and Employee | Jonathan Borba | Pexels
Boss and employee (representative image) | Jonathan Borba | Pexels

Ian Williamson, Dean of the Paul Merage School of Business at the University of California predicts that the professional landscape is all set to change in 2024. He also says that the companies will be working towards a more holistic work environment, mostly because of the shortage of workers and continued diversification in the workforce.

"This will increase expectations on employers to consider how they can best create inclusive environments that meet the expectations of a wide range of employees," he adds.

Many workers are slowly resorting to quiet quitting, a term used to describe minimum efforts on the employee's part, which means doing the bare minimum of one's job and putting in no more time and effort. According to a 2023 survey by Resume Builder,  98% of managers disapprove of employees quiet quitting. The trend emerged back in 2020 and needless to say, the reaction of managers to this trend has been polarising.

Another survey found that 67% of companies believe quiet quitting is one of the major concerns going into 2024. “Mid-level managers in particular are caught between quiet quitting and hustle culture. More senior leaders require hustle and are laser-focused on profits, growth, and scale,” Barbara Palmer, founder of Broad Perspective Consulting in Los Angeles, told Success.

"At the same time, mid-level managers may be faced with junior resources who are looking for better work-life integration, a focus on well-being, less hustle, and more culture. The work needs to get done, but employees may want to set boundaries, and those two things may be in conflict," she adds.

Another reason why companies feel that quiet quitting can bring no good is because customers are extremely demanding and all they care about is whether the company is delivering. "Customers can be unreasonable and customers will take their money and their business elsewhere if they aren’t getting what they want," Marc Cenedella, founder of Leet Resumes, a professional resume writing company, and Ladders, said.

Employees in a Conference Room | Christina Morillo | Pexels
Employees in a conference room (representative image)| Christina Morillo | Pexels

Many people have often taken to social media to talk about how they feel that they have already blended their work-life and personal lives. A survey found that  64.2% of employees said they “always or usually” respond even when they are contacted outside of work hours.



 

So, how do bosses walk the fine line? The key is to find a middle ground. An all-or-nothing approach doesn't always seem to work and therefore, adopting a more holistic approach can prove to be more beneficial both for the businesses and the employees. “[Doing this] can unlock the highest level of productivity. And having an open dialogue about skill set, career aspirations, and professional goals enables managers to better support their employees where they are," said Kristin Lytle, CEO of The Leader’s Edge.

MORE ON MARKET REALIST
Those opposed to the changes believe Trump is politicizing the health of children.
1 hour ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
2 hours ago
“It’s a bad idea. We are very alarmed,” a financial source stated about the proposed move.
2 hours ago
A post on X could move trillions of dollars due to the power that retail investors hold
20 hours ago
Despite a poor start, the contestant came close to winning the big prize.
22 hours ago
The retailer had to face big losses as customers abused the no questions asked return policy.
23 hours ago
The President is reportedly looking to pass tax breaks using reconciliation.
23 hours ago
"Monetary policymakers would face tradeoffs between unemployment and inflation," Fed governor said.
23 hours ago
Florida Hardware purchased these treats and distributed them to feed stores in Alabama, Florida, Georgia, North Carolina, and South Carolina.
23 hours ago
The Democrats will make affordability a huge campaign issue ahead of the November elections.
1 day ago
He believes that the situation is similar to what the country witnessed before the 2008 crash.
1 day ago
A new report suggests the investment led growth had made the rich richer and put pressure on workers
1 day ago
The low-middle class of the country is feeling the crippling pressure of the affordability crisis
1 day ago
Thankfully, no illness or injury has been reported yet because of the foreign objects.
1 day ago
The OpenAI boss believes that it is impossible to scale such a model at this moment.
1 day ago
He asked Americans to forget about the stimulus checks until the tariffs issue is dealt with.
1 day ago
The technology will see millions out of jobs, cutting their spending power by a huge margin.
1 day ago
He spoke about the 5% wealth tax proposed in California as a starting point.
2 days ago
Child care costs are a major concern in Pennsylvania’s 7th District.
2 days ago