Over the past year, the viral trend of “quiet quitting” had human resource (HR) managers clutching pearls from New York to Singapore.
Retaining staff is crucial as we face economic headwinds, for both employers and workers. Companies navigating economic uncertainty, meanwhile, need experienced and engaged staff — traits that cannot be fostered overnight.
By contrast, five of 10 Asian economies in the study showed an increase or no change in engagement. Worldwide, the research found engagement grew slightly, to 68 per cent from 67 per cent. But only 49 per cent in Singapore feel recognised for their efforts, compared to 63 per cent across Asia Pacific.
It seeks feedback from employees about their career progression and invests countless hours into training and equipping workers to take control of their trajectory in the way they best see fit. Many companies conduct employee listening, but the exercise falls flat if it is done for the wrong reasons. Employers need not meet every whim and fancy of employees, but they should give their workers the opportunity to speak frankly to their managers about ambitions and expectations, with the assurance that doing so would not affect their position.