What is Job Security?

Low Job Security

• High chance that employee will lose job
  
• Employee susceptible to arbitrary dismissal
  
• No or inauthentic grievance and arbitration process

High Job Security

• Small chance that employee will lose job

• Protections for employee against arbitrary dismissal

• Authentic grievance and arbitration process

Why does it matter in the workplace?

Low Job Security leads to

• Low employee morale
• Low performance
• Worse business results

High Job Security leads to

• High employee retention and commitment to the organization
• A high performing workforce
• Better business results

Related News

12.19.23 - CNBC - 'The More Workers Use AI, the More They Worry About Their Job...'

8.16.23 - Forbes - 'White-Collar Workers Face... Threats to Their Job Security'

7.28.23 - JD Supra - 'What Lawyers Think About... Job Security'

Related Resources

International Labour Organization - 'Employment Security'

Forbes - '15 Strategies for Preventing Layoffs...'

Indeed - 'Why Job Security Matters...'