Why You Hate Your Job - Young Hustlers Episode 16

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• published: 03 Apr 2014
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The high cost of job dissatisfaction A Gallup poll says 52% of full-time workers are disengaged, Costing US companies from $450 billion to $550 billion every year. America, stopped looking to your job for fulfillment and started looking at it as the unpleasant means to an end. 52% of all full-time workers in the U.S. are not involved in their work, not particularly enthusiastic about it and are committed only as much as they have to be. 18% of those folks are "actively disengaged" and have checked out to the point that they're actually a hindrance to the company. TRAGEDY IN AMERICA This Cost U.S. companies $450 billion to $550 billion every year. What does it cost you? 1) Self esteem 2) Energy 3) Life satisfaction How to Find the right job for you: What makes you happy? What are you meant to do? What are you passionate about? What is keeping your from being more engaged? Who talked you against the job you have? How good are you at your job? 26.2%, workers ages 25 to 34 already have an unemployment rate that's higher than in Canada, the U.K., France, Japan, Australia, Russia and Germany. Labor Department says it's also the only group in the U.S. that saw its average wages decrease over the same span. 52% dissatisfied with their job and disengaged. One job is available in the U.S. for every three people who apply. The domestic economy has regained just 5.7 million of the 8.7 million jobs shed during the Great Recession. Worse, roughly 65% of those jobs are of the low-wage variety, though nearly 60% of all jobs lost during the slump paid middle-income wages or better, according to the National Employment Law Project. The most common job in America since the recession is in retail sales. Those workers number 4.3 million (greater than the population of Kentucky) and make only $25,000 a year, well below the more than $45,000 national median wage. While college students are still far better off than their less educated peers, art school students and MBAs alike are being crushed by student debt. Deeply indebted doctorate recipients are seeking food stamps in increasing numbers. Roughly 284,000 college graduates are making minimum wage. Key Reasons for Job Dissatisfaction and Poor Employee Performance by Rose Johnson , Demand Media Many employees feel dissatisfied with their jobs at one point or another. Some employees leave their jobs for better opportunities, while others choose to stay. Employees with low job satisfaction can negatively affect a company because they typically lack motivation, perform poorly and possess negative attitudes. These symptoms can directly affect a company's bottom line. Managers should understand the reasons employees are unhappy at work. Understanding the causes can help managers find the right solutions. 1) Underpaid One of the primary reasons for job dissatisfaction results from companies underpaying workers. Peter Cohan of Daily Finance said in an article that the Economic Policy institute reported that workers' income is lagging behind inflation as of 2011. 2) Limited Career Growth and Advancement A lack of career growth and advancement is another reason why workers are dissatisfied at their jobs. Employees who feel stuck in their job position are less motivated to maintain high productivity than those who do not. 3) Lack of Interest A lack of interest in the work is another reason why employees are unhappy. Monotonous work causes an employee to experience boredom. Bored and unchallenged employees experience little incentive to concern themselves with workplace productivity. 4) Poor Management The management team plays an important role within an organization. Managers are responsible for motivating employees, planning, organizing and controlling within the organization. A key reason employees perform poorly in the workplace is poor management. Managers with poor leadership skills tend to offer little feedback on employees' performances. Micromanaging and dictating to employees instead of motivating them can cause a decrease in employee productivity. Some organizations possess highly political cultures that tend to discourage workers from believing the roles GrantCardone.com http://www.grantcardone.com Twitter http://www.twitter.com/grantcardone Facebook http://www.facebook.com/cardonesuccess Instagram - @grantcardone http://www.instagram.com/grantcardone