"The fear her clients are voicing is consistent among workers regardless of geography, job level, work type, and sector. A recent report from the HR software company ADP found that fewer than one in four respondents felt confident that their job is safe from elimination."
"Worrying about losing a job can take a similar toll on wellbeing as the worst-case scenario of actually losing a job. Researchers have described the two experiences as 'surprisingly identical twins.'"
Job insecurity has become a widespread concern among corporate professionals, particularly in the tech sector. Many workers express fears of layoffs, especially following announcements from large companies. A survey revealed that less than 25% of respondents felt their jobs were secure, with only 35% of C-suite executives feeling safe. Knowledge workers reported higher job security compared to skilled and repetitive workers. The anxiety surrounding job loss can significantly impact wellbeing, with researchers noting that the stress of potential job loss is akin to the experience of actually losing a job.
Read at Fortune
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