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Workers 'disillusioned' with jobs
Tuesday July 27th 2010
One in five workers fear they may lose their job amid the uncertain economic climate, according to a new survey.
A poll of 2,000 workers by the Chartered Institute of Personnel and Development (CIPD) showed job satisfaction levels had reached a new low, with two out of three believing it would be hard to find a new job if they were made redundant.
The government's austerity measures have led to further disillusionment among workers towards their jobs and management, especially those in the public sector.
Many may be considering income protection insurance cover if they have not already got it.
Fewer than a third of public sector workers expressed job satisfaction and one in four feared they would be made redundant, compared with fewer than one in five in private firms.
Two out of five public sector staff said their employers were planning to make redundancies and half had seen their pay frozen this year.
Only 16% trusted their senior leaders, compared with 39% in the private sector, often complaining that they were not properly consulted on important decisions.
Ben Willmott, senior public policy adviser at the CIPD, said: "Today's official GDP figures may suggest that the UK economy is continuing to move away from recession, however the reality for many in the workplace is that they still feel like they are in the grip of a severe economic downturn."
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Copyright © Press Association 2010
How would you cope financially if you lost your job, fell seriously ill, or had an accident? Our great value Income Protection Insurance helps you plan for the unexpected and comes with added extras you won't always find with other insurers!