"It's Not a Big Deal, I'll Take It Easy"... '2544 Trillion Won Salary Loafers' Hit US Companies

Increasing 'Silent Resignation'
US Companies Face $1.9 Trillion Loss

A survey revealed that the losses caused by American company employees' dissatisfaction with their jobs last year amounted to $1.9 trillion (approximately 2,544 trillion KRW).

On the 23rd (local time), polling firm Gallup announced the results of its survey on employee engagement in the United States last year.

[Image source=Pixabay]

In this survey, only 33% of full-time and part-time American employees responded that they are fully engaged in their work. Half of the respondents said they put in only minimal effort when performing their tasks. Employee engagement has been steadily declining since Gallup began tracking it, after reaching an annual high of 36% in 2020.

When workers are actively engaged in their jobs, productivity improves, boosting company sales and profits. Additionally, when employees form close relationships, retention rates increase.

Bloomberg attributed these results to the "impact of the COVID-19 pandemic," explaining that "COVID-19 has decreased workers' satisfaction and engagement at work." It also described this phenomenon as "quiet quitting" (not resigning but doing the minimum work), calling it "a grim reality for the U.S. workforce."

Jim Harter, Gallup's Chief Workplace Scientist, said, "Motivating employees is linked to many important organizational outcomes," adding, "Employees want to feel that what they do at work is connected to a greater purpose."

Gallup estimated the dollar value of the impact when employee engagement declines, then applied this to the workforce to calculate the cost of reduced productivity. The global economic impact of decreased employee engagement is estimated at about $8.8 trillion (approximately 11,780 trillion KRW).

This content was produced with the assistance of AI translation services.