Job loss fear

Fear of job losses is on the increase amongst UK workers, according to the latest edition of the Global Career Confidence Index published by Right Management Consultants, represented in the UK by RightCoutts.

The survey, a benchmark of job security, has found that almost one quarter (23 per cent) of UK employees believe that there is a chance they will be made redundant in the coming year, up four per cent from 19 per cent in November 2004.

However, despite a lack of confidence when it comes to keeping their jobs, the UK workforce is increasingly positive about finding employment following redundancy. Sixty nine per cent of employees currently believe that it would be difficult to find alternative work of a similar grade, down from 73 per cent in November 2004.

Jo Bond, managing director, RightCoutts, comments, “Often, events in the media prompt employees to reassess their own job security and their potential to bounce back from redundancy.