There are many reasons why an employee may feel job insecurity. Whatever the reason, it can impact productivity and the company’s bottom line. The solution may be in supportive managers.
Research shows that job insecurity significantly decreases the odds of employee engagement. Gallup says the odds of engagement decrease by thirty-seven percent among employees who think their jobs aren’t stable.
They also found that a supervisor’s support more than doubles the odds of employee engagement. When employees see supervisors as partners rather than bosses, it fosters an atmosphere of trust and transparency. Supportive managers can even change the attitudes and engagement levels of employees who feel insecure. Relieve job insecurity by providing managers with training and encourage them to be open, approachable, transparent and model desired behaviors.