Navigating employee job insecurity and AI concerns

Lancashire Business View Website .jpg.jpg

Job Insecurity

In the ever-evolving job market landscape, job insecurity has become a reality for many workers. The uncertainty about the stability and continuity of one's job can cast a shadow on personal wellbeing and professional confidence. Let's delve into the complexities of job insecurity, its far-reaching effects, and how employers can proactively make a difference to employees amidst these concerns.

The Weight of Uncertainty

Many employees worry about whether their jobs will still be there in the future. This unsettling feeling is the hallmark of job insecurity. It's the fear of losing your job due to various factors, such as economic changes, organisational shifts, and evolving technology.

Job insecurity isn't just about the fear of losing a paycheck; it can also affect mental health. Constantly worrying about the future can increase stress and strain mental health, and research has also found that it can harm employee performance, emphasising organisations' need to address these concerns and support their employees.

AI - New Considerations

Recently, a survey has highlighted a growing concern among employees about Artificial Intelligence (AI) taking over their jobs. This technology, which can perform tasks that were once exclusive to humans, may create new dimensions of worry.

In this survey, 38% of 18- to 34-year-olds reported believing AI would replace at least half of their role within the next ten years. This age group's perception of AI's impact on their career trajectory indicates the considerable influence that technology can have on the job market.

Employer Support

In the realm of job insecurity, employers play a pivotal role in shaping the experiences of their workforce. As employees grapple with uncertainties, organisations have the opportunity to create a supportive environment that fosters confidence and stability.

Let's explore some proactive strategies employers can employ to alleviate job insecurity among their teams.

Ongoing Growth and Development

One fundamental way to combat job insecurity is by investing in the growth and development of employees. Providing opportunities for upskilling, training, and learning new competencies equips them to adapt to changing demands and powerfully conveys that their professional growth is valued and supported.

Transparent Communication

Open and transparent communication can go a long way in combatting job insecurity concerns. Keeping employees informed about the company's goals, challenges, and potential changes creates a sense of inclusion and reduces anxiety about the unknown. Regular updates can provide a clearer understanding of the organisation's direction and foster a sense of belonging.

Clear Career Opportunities

Establishing clear career paths and growth opportunities within the organisation can offer employees a tangible vision for their future. When they see a trajectory for advancement and understand how their efforts contribute to the company's success, it provides a sense of purpose and reassurance that their contributions are recognised and rewarded.

Encouraging Skill Diversification

Developing a diverse skill set can enhance employees' adaptability and versatility. Encouraging them to explore new roles, collaborate across departments, and embrace interdisciplinary projects may enhance job security and enrich employees' professional journeys.

Wellbeing Programmes

Job insecurity can affect employees' mental health and wellbeing. Offering wellbeing programmes, counselling services, and resources for managing stress can provide a safety net, demonstrating that the organisation genuinely cares about its employees' welfare. Find out more about our mental health strategy services here.

Inclusive Decision Making

Involve employees in decisions that affect their roles and the organisation. Seeking their input and incorporating their insights can empower them and create a sense of ownership in the company's trajectory.

Final Thoughts

As employers embrace strategies to address job insecurity, they lay the foundation for a confident, trusting and empowered workforce. Ultimately, employers should want to take a proactive approach to addressing this topic due to job insecurity's impact on worker wellbeing and productivity.

Enjoyed this? Read more from Mente Health

Latest news

1

Historic Blackpool building to house business growth hub Blackpool Stanley Buildings

Historic Blackpool building to house business growth hub

05 Dec 2023

2

Plans approved for 800,000 sq ft Preston industrial scheme Aptus visuals

Plans approved for 800,000 sq ft Preston industrial scheme

04 Dec 2023

3

Angela Kershaw named head of business growth at Blackpool Council Angela Kershaw.jpg.jpg

Angela Kershaw named head of business growth at Blackpool Council

06 Dec 2023

4

Cruise firm doubles turnover to hit £20m Panache Cruises team

Cruise firm doubles turnover to hit £20m

06 Dec 2023

5

St Catherine's Hospice adds to corporate engagement team logo2.png.png

St Catherine's Hospice adds to corporate engagement team

06 Dec 2023

Fob Advert 980x120
Background image for hub sign up block

LBV Hub

Reach 50,000 members of the Lancashire business community

Post your news
Post your events
Post your offers
Company profile
Social reach
Magazine coverage
Sign-up
Events
Help to Grow Management Course
Collaboration v3.png.png
LBV Hub Seminars
31 Oct 2023 - 14 Feb 2024

Help to Grow Management Course

University of Central Lancashire, School, Online and face-to-face , UCLan, PR1 2HE

09:30 - 11:30

Business Networking in Preston - BNI Diamond
EVENT LISTING BNI Diamond.png.png
LBV Hub Networking
06 Dec 2023

Business Networking in Preston - BNI Diamond

Norman Jepson (Beefeater), Bluebell Way, Preston, PR2 5PZ

07:15 - 09:00

Business Networking in Lancaster - Eden Business Network
Eden Business Network.png.png
LBV Hub Networking
06 Dec 2023

Business Networking in Lancaster - Eden Business Network

The Borough, 3 Dalton Square, Lancaster, LA1 1PP

18:30 - 20:30

Discover the power of BNI - Business Networking in Preston
Preston.png.png
LBV Hub Networking
07 Dec 2023

Discover the power of BNI - Business Networking in Preston

Samlesbury Preston Hotel, Preston New Road, Samlesbury, PR5 0UL

09:30 - 11:00

The Business Network Central & East Lancashire
LBV Hub Networking
07 Dec 2023

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:30

Business Networking in Lancaster - BNI Castle
EVENT LISTING BNI Castle.png.png
LBV Hub Networking
07 Dec 2023

Business Networking in Lancaster - BNI Castle

Vale of Lune RUFC, Powder House Lane, Lancaster, LA1 2TT

06:45 - 08:30

Twas the night before ransomware
Event Graphic 3.jpg.jpg
LBV Hub Seminars
07 Dec 2023 - 07 Dec 2023

Twas the night before ransomware

The Lowry Theatre, Salford Quays, M50 3AZ

14:00 - 17:00

Business Networking in Burnley - BNI Kudos
EVENT LISTING BNI Kudos.png.png
LBV Hub Networking
07 Dec 2023

Business Networking in Burnley - BNI Kudos

Prairie Sports Village, Windemere Avenue, Burnley, BB10 2FU

06:45 - 08:30

Business Networking in Blackburn - BNI Infinity
EVENT LISTING BNI Infinity.png.png
LBV Hub Networking
08 Dec 2023

Business Networking in Blackburn - BNI Infinity

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:30 - 08:30

Business Networking in Preston - BNI Brunch
EVENT LISTING SIZING Brunch .png.png
LBV Hub Networking
08 Dec 2023

Business Networking in Preston - BNI Brunch

Samlesbury Hotel, Preston, PR5 0UL

09:30 - 11:00

Business Networking in Chorley - BNI Endeavour
EVENT LISTING SIZING Endeavour.png.png
LBV Hub Networking
12 Dec 2023

Business Networking in Chorley - BNI Endeavour

Oak Royal, Bury Lane, Withnell, Chorley, PR6 8SW

06:30 - 08:30

Business Networking in Blackburn - BNI Vista
EVENT LISTING SIZING Vista.png.png
LBV Hub Networking
12 Dec 2023

Business Networking in Blackburn - BNI Vista

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:45 - 08:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV Advertising Visual NovDec
Subscribe now

Weekly news bulletin