By addressing the underlying issues causing “quiet quitting”, forward-thinking employers are gaining competitive advantage when it comes to recruiting and retaining the best talent.
What is “quiet quitting”? It’s a term used for staff who just do the bare minimum to meet their job spec and keep their position: ‘doing what your job demands and nothing more’. It’s linked to work burnout, lack of interest in the business, fears from Gen Z (the employees joining the workforce in the 2020s) about being exploited, and loss of ambition. In a statistic that is terrifying for business leaders, it has been suggested that almost half of employees are “quiet quitters”.
Re-engaging the workforce
So how do companies re-engage their workforce to avoid this? Staff who are coasting with no stake in the future of the business are more likely to hop rapidly onto the next job in search of pay increases and fresh opportunities.
Of course there is a balance to be found between making sure employees are not exploited and addressing what other colleagues perceive as laziness.
The most important step corporates can take is to realise that HR and payroll are a vital part of every employee’s experience. The more they meet the needs of each member of staff, the better.
Payroll and HR platforms that make it easy for employees to handle their pay and holiday data, streamline their travel expenses and view performance management reports go a long way to making them feel valued from recruitment to retirement – even if Gen Z are only going to stay two years, they will leave with the positive impression of the business that is crucial to brand reputation.
With employees working from home, disengaging from colleagues and missing out on water-cooler or canteen chat, there is even greater need for smooth HR and payroll that makes them feel a valued part of the company.
HR and payroll processes need to be simple – and automated where possible – from hire to retire.
How HR and payroll systems can make a difference
Zalaris’ PeopleHub solution can help in many ways. Here are just a few examples:
1. By taking advantage of the high levels of automation, and therefore reduced manual workload, companies can redistribute their time and money into launching new HR initiatives to improve company moral and re-engage employees with company values.
2. While traditional payroll involves workers waiting for fortnightly or monthly pay runs, Pay On Demand gives them access to some or all of their salary as it is earned. It is something that Gen Z employees will take for granted, expecting to be able to draw and spend a proportion of their pay as soon as they have earned it.
3. A powerful performance management solution will help align employee activities with organisational strategy and monitor performance – providing team members with continuous, meaningful feedback and coaching that increases effectiveness and improves morale.
4. Our Succession and Development Solution places the right people in the right roles, with employee development planning and succession planning tools to help staff expand their skills and advance their careers.
Know more on the topic
Corporates should also be using their HR portal to monitor absenteeism and to gather regular feedback on workload, work-life balance, mental health and wellbeing – this is critical to spotting danger signs and acting on areas of concern before they become serious problems.
To speak to our experts about how Zalaris’ PeopleHub solution could help you re-engage your workforce contact us here.