Employees Still Worried About Job Security

August 11, 2003 (PLANSPONSOR.com) - Nearly half (48%) of employees recently polled said they are anxious or somewhat concerned about being laid off.

Employee confidence remains shaky for the majority of those surveyed, particularly when employees do not see any hiring activity to replace workers laid off in the past 24 months, according to R ichard Chaifetz, chairman and CEO of ComPsych, which conducted the study. “The fact that employees have several friends, coworkers and loved ones who are newly jobless contributes to this sense of job insecurity,” Chaifetz said in a statement.

In fact, less than three out of 10 (29%) of those canvassed said they feel secure in their job and their company’s situation, with 23% saying they have not even thought about it.

The poll was conducted from June 9 to July 3, 2003, receiving responses from 639 employees of ComPsych client companies nationwide.