Job security pros and cons Research Paper Example | Topics and Well Written Essays - 500 words

Job security pros and cons - Research Paper Example Motivation combined with ability results in performance. Hence, an employee that has a secure job is more likely to be more productive and perform well. Job security gives a level of satisfaction to the employees and gives them a sense of belonging in the organization. It gives them the confidence as they believe that the work they perform is making a difference to the company as a whole. This feeling makes them more loyal to the organization and leaves them with better motivation. As recession has hit most parts of the world, there is an increasing rate of unemployment due to which job security has become a more important aspect for employees due to their fear of becoming unemployed. Hence, it is not wrong to state that job security is directly related to the state of the economy. The degree of job security varies from industry to industry. Some jobs such as in education and healthcare tend to be more secure than the jobs in the private sector. Having a secure job allows individuals to focus more on expanding their skills and learning more as they do not have to worry about the consequences of minor errors if any. It avoids the formation of unions and other parties that could harm the company for its actions and the workers are generally content and complacent.