What Happened to the Hustle?
Image: ScotScoop
Intro
Hey there! What’s with all the quiet quitting going on in the workforce at the moment? Is it just another pandemic hangover, or the start of a new workplace contract? Perhaps it has been caused by a sense of “what’s the point?”, given the current economic cycle.
Below, I track the rise of quiet quitting (or “lying flat”, as the Chinese call it), explore its roots, its impacts on business, and suggest some ways disillusioned employees can be re-engaged.
That’s not all. Scroll down to check out some curated highlights from social media, words of wisdom, tech news, people to follow, and more.
Let’s dive in.
Image: Poorly Drawn Lines
What Happened to the Hustle?
For years, the mantra of "hustle culture" has dominated the zeitgeist - the idea that the path to success requires endless grinding, an always-on mentality, and sacrificing many aspects of work-life balance. But recently, a seismic shift has occurred with the rise of the quiet quitting phenomenon.
McKinsey recently found that quiet quitters make up between a fifth and two fifths of organizations’ workforce - people who insist on doing the bare minimum required in their roles.
What’s behind it? I believe many are seeing a disconnect between their personal efforts and the "gain" they personally see - especially in the current economic climate. For quite some time, people would trade happiness for success, which they perceived would bring future happiness.
But that bargain is being actively re-evaluated by younger generations who can see the traditional markers of success - such as the dream of home ownership - slipping ever-further out of reach. Why, the quiet quitters ask, should they risk burnout when it would take a buyer on the national median income of $82,156 twelve years to save a typical down payment for a home?
There’s also a sense of unfairness driven by the US’s ever-growing income inequality. Young workers can see people like Instagram influencers becoming wealthy from doing, seemingly, nothing, while people with productive jobs make a fraction of the same income.
Then there’s the grossly unfair CEO-to-worker compensation ratio - CEOs received (checks notes) 344 times the annual average salary of production and nonsupervisory workers in the key industry of their firm. Even CEOs that have overseen disastrous downturns, like Boeing’s David Calhoun who received a total compensation of $32.77 million.
And it's not just here in the West - look at the tang ping ("lying flat") movement adopted by many young people in China who are exhausted by a culture of hard work with seemingly little reward. Tang ping means “not overworking, being content with more attainable achievements and allowing time to unwind” - and unsurprisingly it’s causing panic within the Chinese Communist Party.
A similar movement known as bai lan (“let it rot”) means a voluntary retreat from pursuing certain goals because they are simply too difficult to achieve.
Look, I get it. Quiet quitting is about setting boundaries. Going home at the end of your shift, not doing unpaid overtime, not putting your hand up for extra responsibilities without a raise, and not looking at work stuff out of hours all sounds reasonable enough.
But the reality - let’s face it - is that employers have built a culture over decades that only succeeds when workers give 110%.
Here’s the problem: McKinsey found quiet quitters are three times as likely to be dissatisfied as other employees - which suggests that it would be better for the organization, its performance, and its culture, if disengaged quiet quitters turned into real quitters and looked for a job elsewhere.
So what does this mean for corporate productivity and the future of work? I believe it will force a reckoning. Expensive, high-stakes projects that rely on employees sacrificing their wellbeing are going to increasingly struggle to land. Change management initiatives that demand longer hours and harder work will face greater resistance.
To adapt to this shift away from hustle culture, companies will need to make some fundamental changes in how they operate. First and foremost, they need to be prepared to stop doing some - or even many - of the things they've grown accustomed to.
The days of demanding 24/7 availability and endless overtime are coming to an end, with several nations including much of the EU, Australia, and Mexico passing the right to disconnect laws.
Fairness and transparency must be essential. Employees are no longer willing to accept arbitrary performance standards or opaque promotion policies. Companies need to listen objectively to their workforce and communicate with honesty about their expectations and limitations.
Setting realistic expectations that can actually be met is crucial. Employees are tired of the constant pressure to "do more with less" - they want stability and achievable goals. Companies must acknowledge that change is a constant, not just a one-time event, and be willing to adapt their rules and policies accordingly.
Agility and flexibility will be the hallmarks of companies that thrive in this new era. Those who cling to the old hustle culture playbook will find themselves falling behind. The competitive advantage will go to those who are willing to truly listen to their employees, provide fair and transparent processes, and set realistic targets that don't require constant personal sacrifice.
While hustle culture definitely felt unsustainable, I also worry that swinging the pendulum all the way to the other extreme of quiet quitting is a mistake. There needs to be a compromise; a new contract between employers and employees that acknowledges the importance of work-life balance without completely abandoning the drive and ambition that can lead to great achievements.
In a way, the decline of hustle culture creates an opportunity for driven individuals. It creates an environment where anyone who is willing to challenge themselves and excel within a healthy work culture will have a competitive edge. The current bar for what is considered "great" work ethic has never been lower. Driven individuals now have an opportunity to truly stand out, without having to destroy their personal lives in the process.
But this will require a fundamental shift in the way we think about success and the employer-employee relationship. Now, we have a chance to redefine what it means to be successful - to show that you can achieve great things without sacrificing your well-being. And that, to me, is an opportunity worth embracing, if we can find the right balance.
To end this rant on a lighter note, I’ve seen some alternative terms being thrown around for “quiet quitting”:
- “Grumpy staying”
- “Inflation-adjusted effort”
- “Bare Minimum Mondays”
- And my favorite: “Acting your wage”
Technology News
What’s going on in the world of technology? Plenty. Here’s some news that caught my attention:
MIT is improving AI uncertainty estimates: As people increasingly shift the burden of decision making to machine-learning models, trust in AI is going to come into focus. MIT researchers have introduced a new approach that can improve uncertainty estimates in machine-learning models.
Instagram will let people make chatbots based on themselves: Now, even Instagram influencers can quiet quit. They rely on the engagement of their followers to drive income, but at the same time, they just can’t be bothered replying to comments and questions. Now, there’s a chatbot for that. Simply upload your personality, traits, and interests to a custom chatbot and it will take on the burden of interacting with your fans.
Moon-mining is getting closer: Interlune, a Seattle-based space mining tech startup, was recently awarded a $348,000 grant from NASA to advance a proprietary technology designed to recover helium-3 and other minerals from the Moon.
UN launches recommendations for combating disinformation: The UN sees misinformation and disinformation as a threat to peace, democracy, human rights, public health, and climate action, which is why they’ve launched the Global Principles for Information Integrity. Will it be enough to fight the wave of disinformation being supercharged by AI? Nope.
People to Follow
Be sure to check out Chris Williamson’s podcast, Modern Wisdom, where he aims to distill “life lessons from the smartest people on the planet.” The podcast has been downloaded over 400 million times.
Sticking with the theme of the hustle culture, I recently heard the following quote from Williamson:
"The reason that we chase success, is that hopefully when we have enough sufficient success, we will finally allow ourselves to be happy but in the process of becoming successful, we make ourselves miserable. So we sacrifice the thing we want, which is happiness, for the thing which is supposed to get the thing we want, which is success."
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Kingsley Amis
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– Kris