Soaring costs, inflation nurturing generation of 'quiet quitters' among under-30s
Young professionals are railing against drops in living standards and stagnant wages by becoming"quiet quitters" unless a pay rise or promotion is possible.
The"quiet quitting" phenomenon also means as younger workers perform the basics of their job description, it all but ensures they will never see the improvements they hope for. "It is easy for managers to pull their employees up on lack of productivity, but unless they get to the bottom of the 'why' their motivation has dropped, then quiet quitting could well become a silent movement that has a damaging effect on businesses productivity and profitability."
Although, for some, 2022 has been a record year for pay increases, especially for those switching jobs to win hikes of up to 25 percent the reality is that they are meaningless in the face of the 50-plus percent increase in household billsThe pollsters say the inability for wages to match the cost of living is inspiring younger workers to"act their wage" – where they suddenly feel heavily underpaid due to rising costs and inflation.
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