13Sep

Everything About the Great Attrition Wave

Do you feel the reshuffle? The very transfer of power from the employer to the employee! The talent acquisition on employment chessboard is very much a strategic process!

Sometimes, all the HR processes might get into nerve! Whereas the most irritating aspect of the HR process is post-analysis of resignation. Over the past years, it has become irrelevant. What do you think has changed?

All recruiters and HRs must realize they are on the verge of undergoing a meaningful change. The hiring and human resource management process is at the heart of a revolution.

Resignation is the ultimate consequence of a prolonged episode of recurring unhappiness!

Factors Contributing to the Attrition Wave

The great attrition wave is a noticeable change in the corporate landscape. Great businesses have been struggling to find a promising solution to the problem. Let us run through a few obvious factors contributing to this great.

1. The Arrival of the Unwanted Stagnancy

A monotonous life is less lived. Being familiar with mundaneness is one of the most challenging aspects of adulting. Employees must get opportunities to do something different each day.

2. The Need for Workplace Validation

Employee validation is one of the primary factors impacting workplace satisfaction. Thus, organizations must take dedicated steps to recognize employees’ efforts. As a result, they must feel happy and valuable at the workplace.

3. Cluttered Communication

You can chalk out a way for introverts to communicate the essentials. An HRMS can contribute to the process. They can request SKIP meetings and one-to-one sessions without conveying them to anyone.

4. Hints of No Growth Soon

The urge for growth is ever-growing. Learning and development is the only way to grow at an organizational level. Unfortunately, employees often quit if there is no room for growth at the workplace.

5. Biased Work Environment

8 out of every 10 women resigning from a firm will have an issue that has something to do with workplace bias. How can we be this sure about it? Well, stats suggest that. So, what do you make out of it? An inclusive work environment is the best way to go forward. From pay disparity to workplace norms, HRs must ensure equality in every possible way.

Coping Up the Right Way!

The growing number of resignations and the fragility of job commitments are worrisome. Moreover, it is a serious concern for corporate firms across the globe.

Employees often look for more flexibility and better growth opportunity. Thus, they often look forward to upgrading their work life with a better environment and pay. But, there is a way to cope with it.

Here’s what companies can do:

  • Appreciate employees for good work
  • Introduce challenges to prevent Stagnancy
  • Focus on burnt-out employees and allow them a day-off
  • Encourage rapport between colleagues
  • Assuring them the job security
  • Learn from your exit interviews

Real desperation to upgrade is what resignation is all about. Yet, the ideal way of dealing with it is not letting desperation take birth in the first place!

12Sep

Quiet Quitting or Acting According to Your Wage?

Quiet quitting is a trending phrase on everybody’s lips and on social media timelines. Quitting quietly, though, implies various things to different individuals. Its definition may differ down the generations, but in 2022, quiet quitting has evolved into a trend, if not an argument.

Quiet Quitting work is generally defined as performing the bare minimum at work to get by.

In most cases, it is the consequence of an employee unwilling to work additional hours after their shift concludes or doing something not included in their original offer letter. It is used by those who believe they are not getting compensated or acknowledged for the additional effort they put in at different levels.

What Do Millennials and Gen Z believe?

The concept of quiet quitting has always been around but there hasn’t been a name for it. The idea is gaining traction on social media as Gen Z and Millennials push back against the expectations of being handsomely rewarded.

Many people on social media have suggested that people do it for one of two primary reasons: to “act their wage,” or only perform things for which they are paid, or to protect themselves.

Quiet quitting is resistance to “hustle-culture”, the mentality of working extra hours and pushing over and beyond for your job. You keep assuming that you will be appreciated for it soon but you barely know when the time may come.

Hence, quiet quitting implies simply completing your job as described in your job description and doing nothing additional; in order to preserve your work-life balance.

What are your thoughts? Are Your Employees Quitting 9-5 or Acting Their Wage?

Employee fatigue and frustration are linked to quiet quitting. It could be due to the management’s actions or the employees’ dissatisfaction.

Are you looking for a solution to quiet quitting?

A comprehensive HRM Solution may be able to fix your issue.

ConfluxHR is an all-in-one HRMS platform with a solid architecture for streamlining all key HR business activities. There is no friction in the operation of a streamlined system. As a result, it is best to go forth with a solid HRM solution.

Our advanced HRMS enables you to easily manage employee payroll administration, appraisal management after a thorough performance evaluation, arranging and managing skill training activities, and controlling personalized exit procedures.