Shhhh, I’m Quitting
Last week, I was introduced to the following term – “Quiet Quitting”. Does it mean that people are leaving their jobs and not telling you? Not necessarily. If you have not heard about it, just do a quick search online or check out some of the articles below:
- 6 Signs That A ‘Quiet Quitter’ Is Among Your Employees And What To Do About It (forbes.com)
- Everyone Is Talking About ‘Quiet Quitting,’ But Is It a Good Idea? (msn.com)
- Kevin O’Leary: ‘Quiet quitting is a really bad idea’ (cnbc.com)
Essentially, employees are making a conscious decision to do the bare minimum when it comes to job performance. Throughout my career, people engaged in this type of behavior may have been called “slackers”, “entitled” and/or “lazy”. However, when you look into the reasons behind this new trend, I don’t think those descriptions necessarily apply. Making matters even more complicated, we are in the middle of a tight job market.
So, if you are an employer, what do you do? A few things I would suggest you think about:
- What is your process for bringing new staff members on? Do you get a good sense that they will be a good fit for your company culture?
- What is your current company culture? Do your employees agree?
- Has your company culture changed over the last few years?
The heart and soul of your business is the company culture. You and your staff are the keys to maintaining that culture. If you think something is amiss or the culture is not the same, you may need to look in the mirror and figure out what needs to change. A good business mentor can also help. You just have to ask and be open and honest.
A few other items of importance for this week:
- Small Business Wins Fight to Stop New 3.8% Tax (nfib.com)
- The New Lease Accounting Standard: Start Now, Before It’s Too Late – Stambaugh Ness (Webinar 9/6 – 2-3pm)
Helpful Resource Pages
- Knowledge Center (eisneramper.com)
- Trout CPA Blog | Tax & Business-Related Topics
- Resources – Stambaugh Ness
- News & Analysis | Littler Mendelson P.C.
- Insights, Analysis & Perspectives for Your Business | RKL LLP (rklcpa.com)
- NFIB Research: Data and Trends Affecting Small Business Owners | NFIB
- The Tax Warrior Chronicles (taxwarriors.com)
As always, please don’t hesitate to email myself (email@example.com), Andy Miller (firstname.lastname@example.org), Christian Miller (email@example.com), Erik Spurlin (firstname.lastname@example.org) or anyone in our office with questions or comments.