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What is job security?

By - Apr. 2, 2023

Job security is the likelihood that an employee will retain their current job and not be laid off or terminated. It is often based on factors such as performance, job skills, experience, seniority, and organizational climate.

Job security is important in ensuring that employees feel secure in their position, have a source of steady income, and have a stable outlook for their future. It also allows employers to plan for the long term and retain quality employees who would otherwise be tempted to leave for more secure employment.

Key benefits associated with job security:

  • Improve job performance.

  • Develop the skills needed to stay competitive in the job market.

  • Expand your network, increase visibility, and build relationships.

  • Take advantage of any training opportunities that come your way.

  • Regularly evaluate work expectations and renegotiate contracts.

  • Make sure your organization is taking needed action to improve job security.

  • Be proactive in staying up to date with industry trends and developments.

  • Have meaningful conversations with your supervisor about job security.

  • Demonstrate commitment and loyalty to your employer.

  • Diversify your skillset to become more marketable.

What is job security?

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