10/10/2022 0 Comments
The Downside to the Great Resignation
Last week, we wrote about The Great Resignation and the rise in "quiet quitting. If you missed it and want to get caught up, you can read about it here:
The Great Resignation - FASHION AND BEAUTY UNITED
With the number of people quitting their jobs to find something more fulfilling or a company that treats them better, we also have to look at the other side of the coin with some of the downsides this resignation has on the economy.
With "quiet quitting" comes "quiet firing."
"Quite Firing" is the opposite of "quiet quitting". It's a passive-aggressive practice where a company, instead of firing its workers, decides to mistreat them in the hope that they either quit the organization on their own or mentally check out of their job so they don't need to give a raise or promote them.
Types of "quiet firing" can include:
So if you decide to "quiet quit", look out for "quiet firing" as an attempt not to push you forward in your career.
Many businesses are struggling everywhere, but not because of the pandemic. Instead, they're struggling to find workers. You might have noticed that in every profession, from the medical field to restaurants to that little shop downtown, employees will tell you:
"Please be patient with us - we are understaffed."
We know there's a shift in employee mindsets. People want to be treated better and understand what they're worth.
We saw how the healthcare system treated its nurses. We saw how the government shut down small businesses longer than it should have.
Today's labour shortage in industries like health care and the service industry get linked to the idea that people don't want to work. But the truth is they aren't getting paid enough.
Unfortunately, due to COVID and inflation, can people even be in a position not to work? Are people just being lazy and entitled? Shouldn't people be taking work where they can get it?
Investing more in workers, offering training and career development, and paying them well can help people stay.
More people are retiring in record numbers.
As the baby boomer generation continues to retire and Gen X begins to reach retirement age, there will be gaps in the workplace that need to be filled. But, unfortunately, there don't seem to be enough people to fill the positions.
According to the Toronto Post, the number of Canadians who retired jumped almost 50 per cent in the last year. It's a trend that isn't likely to slow down.
Overall, with more people reaching the age of retirement, resigning, and "quiet quitting, " there is a shift in the workplace that both businesses and employees must adapt to build a better future for both to succeed.
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