Real Estate Investor Magazine September 2024 Edition | Page 82

Managing the future : How managers can prevent quiet quitting
For workers who currently lack the flexibility to work where they want , 55 % believe they would experience greater job satisfaction and productivity if their manager or boss allowed them to work in a hybrid manner .
The research also identified the top three markers of good management as : promoting work-life balance , trusting workers to complete work from any location , and being approachable and open to conversations about new ways of working .
This is supported by academic research from Professor Bloom , a Stanford economics professor and world-renowned expert on hybrid working , who says that companies that offer this kind of flexibility can expect to see quit rates decline by as much as 35 %.
Mark Dixon , CEO of International Workplace Group , says : “ This latest research highlights how businesses can tackle quiet quitting to maintain business productivity . The greatest boost to performance , productivity and employee happiness comes from freeing workers from the bind of a long , unproductive , and expensive journey several times a week to a city centre office where they complete tasks they could perform closer to home .
Businesses need to empower their employees to work when and where they are most productive . By giving employees this option , businesses are less likely to foster a culture with disengaged and unfulfilled workers .”
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82 REI MAGAZINE SEPTEMBER 2024