Job security is an employee’s confidence that they will keep their current job. An employee with a high level of job security has a low probability of losing their job in the near future. Certain professions intrinsically have better job security than others. It is also affected by the employee’s performance, success of the business and the present economic environment.
An employee with a high level of job security will often execute duties and concentrate better than an employee who is in constant fear of losing a job. Although this fear can increase motivation in certain situations, a lack of job security can be a source of distraction and result in excess stress and low morale which hinders an employee’s overall performance.
