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Employee's job security during economic downturn

Lucky, Esuh Ossai Igwe and Minai, Mohd Sobri and Hamzah, Abdul Rahman (2013) Employee's job security during economic downturn. International Journal of Management and Enterprise Development, 12 (4/5/6). pp. 321-330. ISSN 1468-4330

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This concept paper proposes a conceptual model of employee's job security during economic downturn.Due to the turbulent global economy, natural resources are under strain, austerity cuts are threatening public sector jobs. Organisations are laying off their workforce in order to cope with the economic conditions. The future has become more unpredictable and uncertain about the workers keeping their jobs.The fear of losing their jobs in the midst of uncertainty becomes a great concern that needs an urgent attention.The question remains, should the organisations lay off their workforces? Or should the employees continue to holding on to their jobs in the midst of this economic turbulence? Based on this, the paper examined theoretical issue relating to employees job security in relation to economic downturn.It presents a conceptual model to examine employees' job security during economic downturns, and further argued on the possibilities of employees holding on to their jobs during economic turbulence.

Item Type: Article
Uncontrolled Keywords: job security; economic downturn; uncertainty; employee job losses; conceptual modelling; economic turbulence
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: School of Business Management
Depositing User: Prof. Madya Dr. Mohd Sobri Minai
Date Deposited: 24 Mar 2014 00:36
Last Modified: 18 Apr 2016 06:37

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