"Quiet quitting" can have a significant impact on the organization and its workforce. Let's check out a few key statistics on "quiet quitting" in the workplace:
2. "Quiet quitting" can have a significant impact on
the organization and its workforce. Let's check out
a few key statistics on "quiet quitting" in the
workplace:
3. • According to a Gallup poll, 51% of
employees are "not engaged" in
their work, and 17% are "actively
disengaged."
• A total of 68% of employees are not
fully committed to their work.
Activity Poll
4. • Gallup's State of the Global Workplace
report, unhappy and disengaged employees
cost the global economy $7.8 trillion in lost
productivity.
• It is estimated that the cost of replacing an
employee can be as much as 150% of their
annual salary.
Disengaged Employees Cost
5. Data Trends Around Quiet
Quitting
• The average employee spends 2 hours per
week thinking about leaving their job.
• With the US as a baseline, here is how other
countries deviate:
• Canada: 2% higher
• Australia: 14% lower
• New Zealand: 19% lower
• Singapore: 19% lower
• Ireland: 49% lower
6. • The Conference Board study on workplace
engagement found that quiet quitting costs
US businesses $450 to 500 billion annually.
• The cost of "quiet quitting" can be high
globally for organizations. It leads to
worldwide company losses of up to $1.5
trillion yearly.
Company Losses Due To
Quiet Quitting
7. • Nearly 3 in 4 HR professionals (72%) say
they are witnessing the Millennial (26-41
years old) quit within their organization.
• 43% of HR professionals agree that
employee productivity is a significant
concern at their organization right now.
HR Professional’ POV
8. • According to a survey by Gallup, only 33%
of US employees feel that they are
adequately recognized for their work.
• Research by the Society for Human
Resource Management (SHRM) found that
nearly one-third of employees who quit their
jobs cited a lack of recognition as a reason
for leaving.
Lack of Recognition as a
Factor