Why Are You So Unhappy at Work Right Now?
Job unhappiness is at a staggering all-time high.
Americans are unhappy. They are miserable at work, and they are struggling at home.
Employees are more stressed than ever. Gallup, in its latest State of the Global Workplace, found out that along with dissatisfaction, employees are experiencing staggering rates of both disengagement and unhappiness. This unhappiness caused more than 50% of employees to look for another job.
Employers believe ending their remote work will help improve employee morale and productivity. Employers are wrong, and that is what is happening. Employees are unhappy for three main reasons:
- Inflation is erasing much of their recent pay gains.
- The war between the office and remote work is stifling their creativity.
- The inflexible leadership at their organization is destroying their work-life balance.
If these reasons aren't addressed, employers must be ready to lose more talented employees. Let me go over each of these reasons.
There is a gap between wage growth and inflation.
It may take another two years to close the gap between wage growth and inflation.
Sarah Foster, an economic analyst at Bankrate, predicts that by the end of 2024, the gap between wage growth and inflation will close. However, the gap between household buying power and inflation remains. So, let me explain this in household English.
If your employer gave you a 7% pay increase, but the inflation rate is 9%, you lose money. While you made more money, your real wage (purchasing power adjusted for inflation) has declined by 2%. Based on this simple math, you can no longer afford to live the lifestyle you lived a few years ago.
Employers need to understand this simple economic formula: if pay increases do not keep pace with or exceed the inflation rate, the purchasing power of increased earnings declines. So, to keep employees happy, companies must give a pay increase that exceeds the inflation rate.
The war between the office and remote work must cool down.
Last summer, Amazon required most of its employees to come into the office three days a week, and since then, the company has escalated its fight with remote employees.
Amazon leadership developed a dashboard to show how many days each employee comes to the office, automated emails to remind employees of their attendance, and a policy to start firing people who don't comply with the return to the office requirements. I don't think a policy can end this dilemma.
I believe that the relationship between employees and employers is broken.
Think about your personal relationships. In every relationship, there are agreements, expectations, and boundaries. Both sides agree on what is expected of each party, and every side knows their boundaries. The pandemic blurred the boundaries, and employers didn't establish expectations with their employees.
Employees were 100% in control of their schedule, workspace, and the location where they performed their duties. Most employees chose to work from home. After the pandemic, employers wanted to regain control, and the war between the office and remote work started. As you can see, it is obvious that the workplace expectations between companies and employees are misaligned.
The only way to end this war is to align these expectations and not create new harsh policies that don't match reality.
Leaders are not trained to lead remote workers.
The inflexible leadership at organizations is destroying employees' work-life balance.
Research conducted by Harvard Business Review indicates that most leaders struggle to manage people working remotely effectively, which translates into many employees feeling untrusted and micromanaged by their supervisors. This incompetence causes a crisis for the employee, company, and economy. Most companies' approach to resolving this problem is to send an internal email asking their supervisors to trust their employees.
However, I don't think an email can fix the issue. Leaders need to retrain themselves on different types of management. They must learn how to create a safe and healthy environment where employees can trust each other and work together to achieve a common goal.
Also, organizations must establish performance metrics that measure performance rather than hours worked. Companies that create systems and utilize technology platforms that enhance their remote employee's productivity will have a significant advantage when employees have more employment options.
Employees have to do their part. They need to help companies create a hybrid work policy where creative people can be creative and productive simultaneously.
The bottom line is this:
Every employment is a relationship, and the employment relationship is broken. The rules are no longer clear, the expectations are not defined, and the boundaries are blurred.
To fix these issues, companies should not use band-aids to hide the issue or build more aesthetically pleasing offices. They must consider long-term solutions that keep productivity up, the company profitable, and the employees happy.
Your thoughts?