The "Loud Quitting" Phenomenon: A Wake-Up Call for Bosses and Organizations
As employees take to social media to share their discontent with their workplaces, one investor and entrepreneur, Daymond John, is singing the praises of "loud quitting." In a recent TikTok video, John argues that when employees publicly express their discontent, it’s a sign of a toxic boss or environment, and employers should take note.
According to John, "loud quitting" is more than just publicly quitting a job; it also involves actively disengaging with work, showing a negative attitude, and neglecting job responsibilities. This phenomenon, which has gained popularity on social media, should serve as a wake-up call for bosses and organizations to address issues of low employee engagement.
Research by Gallup suggests that low employee engagement costs the global economy 8.9 trillion dollars, or 9% of the world’s gross domestic product. Furthermore, almost one in five employees worldwide could qualify as "loud quitters" based on their work habits.
However, John warns that loud quitters may face consequences, including the risk of being viewed as a toxic employee by future employers and facing backlash from strangers and former colleagues. He advises that employees consider how their message will be received before publicly announcing their discontent.
John’s views highlight the need for employers to take employee concerns seriously and address the issues that lead to low engagement. By ignoring or dismissing these concerns, organizations may exacerbate the problem, ultimately costing them in terms of productivity, talent retention, and reputation.