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Job insecurity is characterized by a discrepancy between the level of security a person experiences and the level he/she might prefer regarding the preservation of his/her employment status (Swaen et all., 2004: 443). The employees’ experience of job insecurity may be described as a combination of a perceived threat regarding their job, and the sense of powerlessness to do anything about this very threat. Job insecurity has been found to be associated with an increase in job related stress (Storseth, 2006: 541). Job insecurity has become a frequently examined stressor in modern working life and scholars have found empirical support for a link between job insecurity and employee reactions. The findings thus far indicate that job insecurity is negatively related to job and organizational attitudes as well as to employee health and well-being (Cheng et al., 2005; Storseth, 2006) |
