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The trend has already started

Quiet quitting is in stark contrast to the hustle culture — the “go-getter” mentality that promotes consistently overperforming and exceeding expectations.

Although quiet quitting is a relatively new term, a large number of workers are doing it already.

According to a ResumeBuilder.com survey of 1,000 working Americans in August, 21% of respondents say they only do the bare minimum. Another 5% say they do even less than what they’re paid to do.

The trend of quiet quitting is also shown in the amount of time people put into their work. In the survey, one-third of respondents say they’ve reduced their weekly work hours by more than 50%.

Advocates say

Zaid Khan, the 24-year-old software developer and musician behind the popular TikTok video, explains why he’s no longer subscribing to the hustle culture mentality.

“Overworking only gets you so far in corporate America,” he says in an interview reported by Bloomberg. “And like a lot of us have experienced in the past few years, mental and physical health really takes a backseat to productivity in a lot of these structured corporate environments.”

In the ResumeBuilder survey, 83% of respondents who do the bare minimum say they're “definitely” or “somewhat burned out.”

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Finding a balance between work and life is another big reason for the rise of quiet quitting.

“Some employees no longer feel connected to their work or workplace and have a much stronger desire to focus their attention on their families and personal lives,” says career strategist and coach Stacie Haller. “With this shift in priorities, you see less willingness to engage in ‘hustle culture.’”

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Critics say

Of course, there are several obvious downsides to the trend.

While acknowledging that people unhappy with their current job situation probably don’t want to go above and beyond at work, Haller says that quiet quitting “isn’t productive.”

“It would be better for disenchanted employees to speak with their managers about how to improve their current situation or to work with a job search coach to start looking for a more exciting opportunity,” she suggests.

Investment mogul and Shark Tank star Kevin O’Leary is another critic, and calls quiet quitting “a really bad idea.”

“People that go beyond to try to solve problems for the organization, their teams, their managers, their bosses, those are the ones that succeed in life,” he explains on CNBC. “People that shut down their laptop at 5, want that balance in life, want to go to the soccer game, 9 to 5 only, they don’t work for me.”

Only time will tell if the trend of quiet quitting is here to stay or will fade away — quietly.

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Jing Pan Investment Reporter

Jing is an investment reporter for MoneyWise. He is an avid advocate of investing for passive income. Despite the ups and downs he’s been through with the markets, Jing believes that you can generate a steadily increasing income stream by investing in high quality companies.

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