Ways You Can Overcome Job Insecurity

Job insecurity has been defined as “perceived powerlessness to maintain desired continuity in a threatened job situation” (Greenhalgh and Rosenblatt, 1984, p. 438).

With the ongoing pandemic and changing work landscape, job insecurity has been a growing concern. The pandemic’s negative impacts on the economy and workforce bring about the likelihood of heightened job insecurity of many employees today. Fear of job loss, uncertainty of employment status, and financial anxiety can take a toll on someone’s mental health. It can also result in low motivation and decreased engagement at work.

 What steps are you taking to resolve your job insecurity?

The more you feel job insecurity, the higher the likelihood of stress in your life. Which is why it is important to find options and possible ways to resolve this.

As daunting as it may seem, some people are considering changing careers to broaden their job opportunities in other industries. According to a study by seek.com.au, 57% of Australian employees are considering a career change, of which 43% will look to change career in the next 12 months.

For someone in their mid-career, transitioning into a different or new line of work may feel like a tall order. But it is not impossible at all; there are ways for you to successfully change careers.

Low self-confidence in performing job roles can also be one of the reasons for job insecurity. Lacking in the required skills for the job can result in low confidence and fear of being replaced by someone who is more skilled and experienced, and losing one’s job in the process. Take proactive steps to gain the essential skills and access the training you need to be able to perform effectively at work.

Instead of hiring new employees with the sought-after skills, many employers provide professional development courses to train their own staff to develop the required skills from within the organisation. As someone who may already be working in a company, you may want to evaluate your skills and find if there are skill gaps that need to be covered. Talk to your supervisor or manager if they will be open to provide training for you or you can choose to take self-study courses off work to build your skills and improve your self-confidence at work.

Contact an AOT course advisor if your employer would like an invoice to pay for your online course.

With the ever-changing world, job stability is not always a certainty. We hope everyone can have access to the resources, people, tools, and the training they need to feel secure in their jobs and chosen career.

Say No to Job Security and Yes to Professional Development!

Here are newly released Business Courses at AOT to improve your knowledge and skills, build your value as a professional, and increase your employability.

Sources:
http://www.oit.org/wcmsp5/groups/public/---ed_dialogue/---actrav/documents/meetingdocument/wcms_161364.pdf
https://www.abs.gov.au/statistics/labour/employment-and-unemployment/job-mobility/latest-release
https://www.thebalancecareers.com/successful-career-change-2058452