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One in four employees fears imminent job loss

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  • 17/07/2014
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One in four employees fears imminent job loss
More than one in four UK employees fear they will lose their job within the next six months, according to Glassdoor’s UK Employment Confidence Survey.

The survey – which monitors job security, salary expectations, plus optimism on the job market and business outlook – found that fears around job security had jumped eight per cent from the first quarter of 2014.

Jon Ingham, career and workplaces expert at Glassdoor, said: “The main reason that people are worrying about their jobs more may well be the increasing amount of restructuring that employees are seeing in the workplace. Regional job losses are still being widely reported and this is prompting employees to feel less secure.”

London, where half of employees are worried that they could be laid off, is the most pessimistic region in the UK. Forty six per cent of younger employees – those aged between 16 and 24 – share this fear.

Only three in ten employees of all types think that they could find a job matched to their experience and current compensation levels within six months if they were to lose their current job, down 1% from last quarter.

Some 23% of part-time employees expect a pay rise in the next 12 months, compared to 41% of full time employees. Employees in the North East are the most optimistic.

Ingham continued: “Employers will benefit from communicating openly about the specific circumstances of their own business, involving employees where there are issues and problems, and communicating confidently where there are already positive changes underway or there are signs of new opportunities for the future.”

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