What is the definition of job security?
Job security refers to the assurance of maintaining employment even in spite of extenuating circumstances. It can be difficult to attain, however, and a lack of job security can effect everything from job performance to one’s health.FeaturesSome of the features that create job security for an employee include a steady salary, health and dental benefits in addition to paid time off for holidays, vacation and sick days. Job security provides a sense of confidence that an employer and position will be there down the road as long as the employee performs the required tasks.CauseDuring times of economic stress in a region, job security is less attainable. For instance, when the global economy was buried in recession in 2008 and 2009, the unemployment rate in the U.S. soared into double digits and even the most profitable companies, including technology giant Google, were not immune from making job cuts.EffectsThe effects tied to a lack of job security can be damaging to one’s health. Chroni