How quiet quitters are affecting companies money — and lowering the morale of existing employees

When employees stop putting forth significant effort toward their jobs and just do the bare minimum of work to get by, they are "quiet quitting" — a term that has gained quite a bit of traction recently. According to FOX Business, this trending mindset is now affecting companies across the United States. Human resources professionals pointed out that it was a major factor in the rise of American workers. "While the idea of employees simply working to meet job requirements certainly isn’t new, we’re seeing this term coined more now because it’s a result of burnout and a re-prioritization of a personal life over work," said Annie Rosencrans, director of people and culture with Hibob, a global HR platform based in New York.

What's pushing the ‘quiet quitting’ trend?

There are many reasons that quiet quitting may be continuing and even ballooning in the U.S., Rosencrans indicated. One is that many companies are operating with the same productivity expectations — but with leaner teams. [caption id="attachment_39318" align="aligncenter" width="1200"] When employees do not actually quit but instead stop putting forth strong effort toward their job and do the bare minimum of work required, they are "quiet quitting" — a term that is continuing to trend for a reason. (iStock / iStock)[/caption] As a result, she said, some employees "don’t feel appreciated or appropriately compensated." With the "Great Resignation and now waves of layoffs," Rosencrans said, "many open roles weren’t filled. Yet that doesn’t mean the work disappeared." She also said, "Instead, the remaining staff have taken on that burden and are losing patience with doing more without the salary to compensate for it." Some employees may be jumping on the quiet quitting bandwagon because it is trendy and being talked about at the water cooler — and across the media. "The trend appears to be ballooning due to the power of a provocative term catching attention on social media," said New York City career coach Matt Spielman, author of the new book "Inflection Points: How to Work and Live with Purpose."